The GBPJPY pair returned to form some bullish waves, affected by forming an extra strong support at 213.30 level, to renew the pressure on 214.50 barrier, which represents %66.8 Fibonacci correction level.

The attempt of providing positive momentum by the main indicators, as stochastic approaches 80 level might ease the mission of surpassing the current barrier, announcing its readiness to record extra gains by its rally towards 214.95 and 215.25, while the failure of the breach will force it to provide mixed unstable trading with a new chance for the decline towards 213.30.

The expected trading range for today is between 214.00 and 215.25

Trend forecast: Bullish

Platinum price kept its positive stability above $1865.00 level, keeping the bullish scenario, however the main indicators contradiction pushed it to provide more sideways trading by its stability near $1930.00.

Gathering extra positive momentum is important to renew the pressure on the moving average 55 at $2000.00 and surpassing it will make it to resume the bullish attempts, to target the barrier near $2080.00, opening the way for detecting the main trend in the upcoming trading.

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

Trend forecast: Bullish

Copper price settled again above the extra support level near $6.1000, benefiting from providing positive momentum that comes from stochastic, forming some bullish waves to press on the barrier at $6.4000, to form a key for resuming the bullish trend.

Providing positive momentum by the main indicators makes us wait for breaching the barrier and holding above it, to reinforce the chances of recording extra gains that might begin from $6.5600 reaching the next main target near $6.7500.

The expected trading range for today is between $6.2500 and $6.5600

Trend forecast: Bullish

Ethereum declined in recent intraday trading, reflecting the dominance of the short-term bearish trend. Price action continues to move along a descending trendline, while trading below the EMA50, which reinforces ongoing downside pressure.

At the same time, relative strength indicators are starting to show a positive crossover after reaching oversold territory. This may help slow the pace of further declines, but it is not yet strong enough to reverse the overall bearish structure.