The GBPJPY pair settled above 208.10 level, forming new bullish waves and achieving some previously suggested targets by reaching 209.00, then waiting for providing new sideways trading by its stability near 208.50.

Reminding you that the bullish scenario will remain valid due to the stability within the bullish channel’s levels besides the stability of the initial main support at 206.95, therefore, we will keep preferring our bullish scenario, to expect attacking the bullish channel’s resistance at 209.30 then attempts to hit the next main target near 209.85.

The expected trading range for today is between 208.00 and 209.85

Trend forecast: Bullish

Platinum price provided sideways trading due to its stability below the barrier of $1960.00, which forms %161.8 Fibonacci extension level, forcing it to decline temporarily towards $1890.00.

The continuation of providing mixed trading is expected until breaching the barrier, to confirm its readiness to achieve new historical gains that might begin from $2000.00 psychological barrier, while breaking the extra support at $1860.00 level will force it to provide strong corrective trading, to expect reaching $1835.00 and $1790.00.

The expected trading range for today is between $1870.00 and $ 1960.00

Trend forecast: Fluctuated within the bullish track

Copper prices remain slow, despite several positive factors such as the stability within the main bullish channel’s levels besides providing bullish momentum by stochastic reach to the overbought levels.

Reminding you that the stability of the trading above the extra support level at $5.1300 supports our bullish scenario, to keep waiting to hit $5.5000, surpassing it will push the price to begin recording extra gains by its rally to $5.6300 and $5.7400.

The expected trading range for today is between $5.3000 and $5.5000

Trend forecast: Bullish

The (ETHUSD) price rose during its last intraday trading, attempting to recover some previous losses, amid the dominance of the main bearish trend and its trading alongside minor bearish trend line on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, which reduces the chances of the price recovery on the near-term basis, especially with the emergence of negative signals on the relative strength indicators.