The GBPJPY pair provided a new bearish close below 211.30 level, to confirm its surrender to the bearish corrective bias to target 210.30 level to settle near it.
Stochastic attempt to exit the overbought level might increase the negative pressures on the trading today, to keep preferring the corrective trend, which might target 209.75 and 209.30 level before any attempt to renew the bullish attack.
The expected trading range for today is between 209.75 and 211.20
Trend forecast: Bearish
Platinum price continued recording extra historical gains, recording $2375.00 level this morning, surpassing the previous expectations to confirm the continuation of the bullish scenario.
Forming new extra support at $2185.00 level makes us keep the bullish scenario, note that providing a chance for reaching $2418.00 to form the next target in the current period trading.
The expected trading range for today is between $2245.00 and $2418.00
Trend forecast: Bullish
Copper price activated with the main indicators again, surpassing the barrier at $5.5000, announcing its readiness to achieve extra gains on a near-term basis, therefore, we will keep our bullish expectations, reminding you that the extra target near $5.6300 and $5.7400 level.
Note that the price stability below the current barrier might force it to form mixed trading, and there is a chance of testing the support at $5.1500.
The expected trading range for today is between $5.3900 and $5.6300
Trend forecast: Bullish
The (ETHUSD) price declined in its last trading on the intraday basis, amid its trading below its EMA50, under the dominance of a minor bearish wave on the short-term basis, with its trading alongside supportive trend line for this track, the last decline came after offloading its clear oversold conditions on the relative strength indicators, intensifying the negative pressure in the upcoming period.