The GBPJPY pair succeeded in facing the negative pressures and confirmed its stability within the minor bullish channel’s levels, to notice its rally to 196.00 this morning, which forces it to form a temporary negative rebound by its stability near 195.50.

 Confirming the importance of gathering the extra positive momentum, which allows it to confirm surpassing the barrier at 195.80, then begin recording new gains by its rally to 196.60 and 197.45.

The expected trading range for today is between 194.90 and 196.60

Trend forecast: Bullish

Platinum price activated the bearish correctional track in Friday’s trading after hitting the barrier at $1305.00, to gather some of the gains by reaching $1215.00 achieving the suggested initial target.

The continuation of the main indicators contradiction makes us keep preferring the correctional track, which might target $1185.00 and $1162.00 level, while renewing the bullish attempts requires providing positive closes above $1275.00 level, to increase the chances for reaching new bullish stations.

The expected trading range for today is between $1185.00 and $1260.00

Trend forecast: Bearish

Copper price ended its stability above 50% Fibonacci correction level that represents an extra support at $3.6600, increasing the chances of activating the bullish track again.

Stochastic attempt to provide positive momentum besides the moving average 55 approach from the mentioned extra support, we expect begin forming positive trading to press on $4.8900 level, then attempts to reach the next positive target near $5.0300.

The expected trading range for today is between $4.7000 and $4.8900

Trend forecast: Bullish

The (ETHUSD) price rose in its last intraday trading, supported by the emergence of the positive signals on the (RSI), hitting the resistance of its EMA50, amid its affection by breaking a main bullish trend line on the short-term basis, which might put it under extra negative pressure with the reach of the (RSI) indicators to overbought levels.