The GBPJPY pair didn’t move anything by forming sideways trading due to its stability continuously below the resistance at 208.80, forming an obstacle for resuming the bullish trend.

The price might form temporary corrective trading, but the stability within the bullish channel levels and the continuation of forming extra support at 206.90 level, these factors support the chances of renewing the bullish attack, to expect surpassing the current resistance by recording new gains that might extend 209.30 and 209.75.

The expected trading range for today is between 207.40 and 208.90

Trend forecast: Fluctuated within the bullish trend

Platinum price renewed the attempts of pressing on $1695.00 barrier, attempting to find an exit to resume the previously waited bullish trend, the current contradiction between the main indicators makes us monitor the price behavior until achieving the required breach, to confirm its readiness to record extra gains by its rally to $1715,00 and $1745.00.

While the failure to breach it will force the price to form mixed trading and there is a chance to decline towards $1645.00 reaching the initial support at $1605.00.

The expected trading range for today is between $1665.00 and $1745.00

Trend forecast: Bullish

Copper price took advantage of its positive stability above the extra support level at $5.1300, activating with the positive factors, specifically providing bullish momentum by the main indicators near $5.4100.

Facing bullish pressures currently makes us expected forming new bullish rally to target $5.500 level, which formed the next main target of the bullish trading, and surpassing it might make it reach $5.6500.

The expected trading range for today is between $5.2800 and $5.5000

Trend forecast: Bullish

The (ETHUSD) price settled in its last intraday trading, due to its leaning on the support of its EMA50, gaining bullish momentum that intensified by the emergence of the positive signals on the relative strength indicators, after reaching oversold levels, amid the dominance of the bullish corrective trend on the short-term basis and its trading alongside supportive trend line for this track.