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The GBPJPY remains bullish– Forecast today – 20-7-2026
The GBPJPY pair approached in its last trading from the corrective target at 217.90, to begin forming bullish waves, holding within the bullish channel’s levels, to notice its rally towards 218.65 level.
In general, the stability above the support at 216.30 level by the continuation of providing positive momentum by the main indicators, these factors makes us keep the bullish scenario, which might target 219.10 and 219.85 level.
The expected trading range for today is between 218.20 and 219.85
Trend forecast: Bullish
Platinum price repeats the negative closes– Forecast today – 20-7-2026
Platinum price confirmed its surrender to the bearish scenario by providing repeated negative closes below the extra barrier at $1690.00, reaching $1560.00 barrier in Friday’s trading, to provide some sideways trading by its fluctuation near $1590.00.
The continuation of providing negative momentum by the main indicators might increase the chances of breaking $1560.00 level, to open the way for reaching the next negative stations, which might begin at $1490.00 and $1440.00.
The expected trading range for today is between $1530.00 and $1620.00
Trend forecast: Bearish
Copper price is affected by the contradiction of the indicators– Forecast today – 20-7-2026
Copper price reached $6.1200 level in Friday, forcing it to provide some sideways trading, due to the contradiction of the main indicators, to obstruct the suggested negative attempts by its fluctuation near $6.2100 level.
Reminding that the stability below $6.5100 barrier, besides the attempt of stochastic attempt to provide negative momentum, which makes us keep the bearish corrective scenario, to expect reaching $5.9000 level and surpassing it will make the next target at $5.7800 in the bearish trading.
The expected trading range for today is between $5900 and $6.2500
Trend forecast: Bearish
Ethereum (ETHUSD) is Showing New Positive Signs– Analysis – 20-07-2026
(ETHUSD) rose in its latest intraday trading, attacking the current resistance at $1,890, taking advantage of the dynamic support that is represented by its trading above EMA50, reinforcing the stability and dominance of the main bullish trend on the short-term basis, with the emergence of positive overlapping signals from the relative strength indicators after offloading its overbought conditions, opening the way for extending the gains in the near upcoming period.