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The GBPJPY renewed the positive action– Forecast today – 6-7-2026
The GBPJPY pair settles above the support level at 214.50 in the last trading, opening its trading with new positivity, recording 215.95 level.
The attempt of the main indicators to provide positive momentum will provide a chance for recording more gains in the near period, to expect reaching 216.55, and surpassing this barrier will extend the trading towards the next main target near 217.55.
The expected trading range for today is between 215.10 and 216.55
Trend forecast: Bullish
Platinum price delays the decline– Forecast today – 6-7-2026
Platinum prices forced to delay the negative trading due to the continuation of providing positive momentum by stochastic, fluctuating above the minor bearish channel’s resistance, to settle near $1640.00.
The price might manage to record some gains by its rally towards $1695.00, however it will not change the main bearish scenario due to its stability below $1745.00 barrier, while the decline below $1600.00 will force it to provide sharp negative trading, to target $1570.00 level reaching the next negative target near $1510.00.
The expected trading range for today is between $1600.00 and $1690.00
Trend forecast: Fluctuating within the bearish trend
Copper price is fluctuating below the barrier– Forecast today – 6-7-2026
Copper price remains stable until this moment below $6.3000 barrier, however the sideways fluctuation has been caused by the contradiction of the main indicators, which forces it to provide a new sideways fluctuation by their stability near $6.1500.
The price needs a new negative momentum to reinforce the chances of surpassing $6.1000 support, to confirm its readiness to resume the corrective attempts by reaching $5.8200 followed by the next support at $5.7100.
The expected trading range for today is between $5.9500 and $6.2300
Trend forecast: Bearish
Ethereum (ETHUSD) Settles in a Key Area– Analysis – 06-07-2026
(ETHUSD) declined slightly in its latest intraday trading, due to the stability of the resistance at $1,775, which was our last expected targets, with the beginning of negative overlapping signals’ emergence on the relative strength indicators after reaching overbought levels, and there is a possibility to form negative divergence.
On the other hand, the price is benefited from the continuation of the dynamic support that is represented by its trading above EMA50, with the dominance of the bullish corrective trend on the short-term basis, so we might witness some bearish corrective rebounds to look for a new rising low, that might provide bullish momentum to help the price breach this resistance.