The GBPJPY pair resumed the bullish rally by surpassing the barrier at 110.65, activating with the main indicators’ positivity, forming strong bullish rally and achieving the second target by reaching 212.10, to face strong barrier then form quick negative rebound towards 211.45.

Note that the stability below 212.10 by stochastic exit from the overbought level might push the price to form new bearish waves, to target 210.65 level again, while its success by breaching 212.10 will open the way for recording extra gains that might begin at 212.60 and 213.10.

The expected trading range for today is between 210.65 and 212.85

Trend forecast: Bearish

Platinum price succeeded in confirming its readiness to regain the bullish bias by surpassing the barrier at$2245.00, achieving some of the previously suggested extra targets by reaching $2348.00 level.

The stability of the price above $2245.00 level, attempting to form extra support level, attempting to provide extra positive momentum by the main indicators support the chances of resuming the bullish trend, to expect its rally towards $2365.00 reaching the next main target near $2465.00

The expected trading range for today is between $2250.00 and $2365.00

Trend forecast: Bullish

Copper price closed yesterday’s trading by providing new pressures on $5.9700 level, to find an exit to resume the main bullish trend, to confirm surpassing the corrective vias in the current period.

Gathering bullish momentum is important to ease the mission of achieving the required breach, and providing positive close above the barrier makes us expect its rally towards $6.1200 and $6.2400.

The expected trading range for today is between $5.8000 and$6.1200

Trend forecast: Bullish

The (ETHUSD) price declined in its last intraday trading, due to the stability of $2,100 key resistance, to gather the gains of its previous rises, attempting to offload some of its clear overbought conditions on relative strength indicators, especially with the emergence of negative signals from them, to gather its positive strength that might help it to recover and breach this resistance, affected by surpassing the negative pressure of the EMA50, benefitting from its dynamic support that reinforces the chances of the price rise on near-term basis.