The GBPJPY pair took advantage of its repeated stability above 200.45 support, to activate yesterday’s suggested bullish attack and recording the initial targets by hitting 203.25 level.

The current sideways fluctuation will not threaten the bullish scenario by the stability of the mentioned support, note that stochastic attempt to provide positive momentum will increase the chances of surpassing 203.25 level, to target 203.95 reaching 204.70 level.

The expected trading range for today is between 202.00 and 203.95

Trend forecast: Bullish

Platinum price began providing positive signals by its attempt to rally above the initial barrier at $1605.00, increasing the chances of forming strong bullish trading in the current period, to expect targeting $1660.00 level reaching the next barrier at $1695.00.

The risk of changing the main trend and confirming the negative scenario by reaching below $1525.00 and providing several negative closes, to expect suffering big losses that might begin at $1470.00 and $1440.00.

The expected trading range for today is between $1570.00 and $1695.00

Trend forecast: Bullish

Copper price attempted to activate the bullish trend, to end it after reaching the barrier at$5.2000, which forces it to decline correctively to settle near$5.0400.

We expect providing mixed trading, but its main stability within the bullish channel’s levels by forming extra support at $4.7500 level will increase the chances of gathering positive momentum, to repeat the attempts to achieve extra gains that might extend to $5.3200 and $5.5000.

The expected trading range for today is between $4.9200 and $5.2200

Trend forecast fluctuated within the bullish track

The (ETHUSD) price rose in its last intraday trading, due to the stability of the critical support at $3,720, which represents our expected target in our previous analysis, gaining bullish momentum that helped it to achieve these gains, aimed to offload some of the clear oversold conditions on the relative strength indicators, especially with the emergence of the positive signals, and the price is attempting to recover some of the previous losses, amid the continuation of the negative pressure that comes from its trading below EMA50, which reduces the chances of the price’s sustainable recovery on the short-term basis.