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The GBPJPY renews the positive action– Forecast today – 2-6-2026

Economies.com
2026-06-02 05:15AM UTC

The GBPJPY pair ended yesterday’s trading by providing positive close above 214.50 barrier, announcing its readiness to readiness to renew the bullish attempts by reaching 215.00 level, providing positive momentum by stochastic will keep our bullish scenario, which might target 215.30 level, surpassing it will make the next target at 215.75 in he current trading.

 

While the attempt of activating the bearish corrective trend requires forming several negative waves, to settle below the extra support at 213.30.

 

The expected trading range for today is between 214.40 and 215.75

 

Trend forecast: Bullish

Platinum price repeats the positive closes– Forecast today – 2-6-2026

Economies.com
2026-06-02 05:14AM UTC

 

Despite the neediness of positive momentum by Platinum price, it settles above $1865.00 level supports our bullish scenario, to record some gains by its stability near $1950.00 level.

 

Note that breaching the moving average 55 at $2000.00, to increase the chances for reaching the barrier at $2080.00, where surpassing it will open the way for recording extra gains in the medium period by its rally towards $2125.00 and $2195.00.

 

The expected trading range for today is between $1890.00 and $2000.00

 

Trend forecast: Bullish

Copper price begins the rise– Forecast today – 2-6-2026

Economies.com
2026-06-02 05:14AM UTC

Copper price benefited by the main indicators’ positivity, forming some bullish waves, approaching the initial target at $5.5600, to confirm the main bullish scenario.

 

Forming extra support at $6.2500 level besides the continuation of facing the positive pressure we expect forming bullish rally to surpass the recently achieved top and targeting $6.7400 level, to form the next main target in the near-term trading.

 

The expected trading range for today is between $6.3800 and $6.7400

 

Trend forecast: Bullish

Ethereum (ETHUSD) Shows Further Negative Signals – Analysis – 02-06-2026

Economies.com
2026-06-02 02:05AM UTC

Ethereum (ETHUSD) declined in recent intraday trading after previously easing oversold conditions on the relative strength indicators. Currently, new bearish crossover signals are emerging, adding further downside pressure in the near term.

 

The broader short-term trend remains bearish, supported by trading below the EMA50 and movement along a descending trendline, which continues to limit recovery attempts and reinforce weakness in price structure.