The GBPJPY pair is forced to provide some sideways trading, to keep its positive stability above the extra support at 216.30 level, attempting to lean above the minor bullish channel’s support at 218.00.

Note that stochastic stability above 20 level will reinforce the chances of gathering extra positive momentum, to ease the mission of surpassing 218.90 level, to begin targeting the positive stations near 219.10 and 219.85.

The expected trading range for today is between 217.85 and 219.85

Trend forecast: Bullish

Platinum price failed in achieving the extra support at $1560.00, which forces it to delay the bearish scenario and forming some bullish waves, to settle near $1610.00 as appears in the above image.

The contradiction of the main indicators confirms the continuation of the intraday bullish trend, targeting $1640.00 level and surpassing this barrier that might extend the trading towards $1660.00 reaching $1740.00 barrier, while breaking the current support and holding below it will confirm its readiness to resume the corrective attempts, which might target $1490.00 and $1440.00 level.

The expected trading range for today is between $1565.00 and $1640.00

Trend forecast: Bullish

Copper price remains affected by the contradiction of the indicators, to settle above $6.1000 level, delaying the bearish corrective attempts, fluctuating near $6.3300 level.

We couldn’t confirm the attempt to rally higher by its stability below the barrier at $6.5100, therefore, we suggest the instability between the current barrier and the extra support level at $5.9500.

The expected trading range for today is between $6.1500 and $6.4500

Trend forecast: Sideways 

(ETHUSD) extended its strong gains in its latest intraday trading, amid the dominance of the main bullish trend on the short term basis, with its trading alongside supportive trend line for this path, besides the continuation of the positive pressure due to its trading above EMA50, which represents a dynamic support that increases the chances of extending these gains in the near upcoming period, especially with the emergence of the positive signals from the relative strength indicators.