No news for the GBPJPY pair, to keep providing weak sideways trading by its stability near200.10, reminding you that the continuation of providing support by the main indicators that might help it to breach the barrier at 200.45, to open the way for achieving several gains that might begin at 200.95 and 201.55.

While the risk of activating the bearish correction track again is represented by the trading reach below 198.60, and holding below it will increase the efficiency of the bearish correction, to expect targeting the support initial at 197.80.

The expected trading range for today is between 199.20 and 201.55

Trend forecast: Bullish

Platinum price continued its bullish attempts yesterday, taking advantage of providing positive momentum by the main indicators, achieving the extra targets by its rally to $1550.00, to face %2.236 Fibonacci extension level, which forms an intraday obstacle against the bullish scenario.

Stochastic attempt to exit the overbought level might force the price to provide sideways trading, but the stability above $1475.00 supports the continuation of the positivity, which might target $1583.00 resistance in the near period trading. 

The expected trading range for today is between $1515.00 and $1560.00

Trend forecast: Bullish

Copper price hit $4.8600 level, to bounce quickly to settle below the barrier at $4.7500 level, attempting to catch its breath and gaining new positive momentum to reinforce the chances of reaching extra stations.

The bullish track remains valid by the stability of the price above the moving average 55, as it forms an extra support near $4.3800, note that its success in confirming the breach will allow it to reach 44.9500 followed by $5.3100 on a near-term basis.

The expected trading range for today is between $4.5500 and $4.9500

Trend forecast: Bullish

The (ETHUSD) price rose in its last intraday trading, after breaking the critical support at $4,100, amid the dominance of the main bearish trend on the short-term basis and its trading alongside minor trendline, indicating the big volume of the negative momentum, with the continuation of the negative pressure that comes from its trading below EMA50, attempting to recover its previous losses, and attempting to offload some of its clear oversold conditions on the relative strength indicators, especially with the emergence of the positive signals.

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