The GBPJPY pair approached from the target at 210.45 in its last negative trend, which keeps forming strong support to allow it to form bullish corrective wave, recovering some losses by its rally towards 212.60.

Note that the stability below %61.8 Fibonacci correction level at 214.30 forms a main factor to confirm the dominance of the bearish bias in the upcoming trading, the attempt of providing negative momentum by the main indicators supports the attempt of forming bearish waves to target 211.80 and 211.30.

The expected trading range for today is between 211.30 and 213.20

Trend forecast: Bearish

Platinum price managed to settle above the moving average 55, confirming the attempt of activating the bullish trend again, to hit $2075.00 level, approaching the previously suggested initial main target.

Surpassing $2080.00 level, to open the way for resuming the bullish trend, to reach $2120.00, to extend the trading towards the next main target near $2190.00, note that the rise of changing the trend and forming bearish waves depends on breaking the support level at $1865.00.

The expected trading range for today is between $2020.00 and $2120.00

Trend forecast: Bullish

Copper price confirmed breaching $5.9700 barrier, to form strong bullish rally, achieving the initial positive target by reaching $6.1300 level, to settle near it.

Note that stochastic continues to provide positive momentum by reaching the overbought level, which will increase the efficiency of the bullish trend, to prefer more bullish attempts that might target $6.2600 and $6.3300.

The expected trading range for today is between $6.0400 and $6.2600

Trend forecast: Bullish

Ethereum (ETHUSD) continued to decline during recent intraday trading after breaking out of a minor ascending price channel that had been limiting its movement. The price also moved below the EMA50, increasing downside pressure if this breakdown is confirmed in the near term. This comes alongside negative signals emerging from the relative strength indicators, despite reaching deeply oversold conditions.