The GBPJPY pair confirmed its surrender to the domination of the bearish bias by forming many negative waves and break 191.40 level, to notice achieving some waited negative targets by touching 189.90 level.

The price might face difficulty to resume the negative attack due to stochastic consolidation above 20 level, to expect providing some sideways trades until gathering the required additional negative momentum to attack 189.30 level, which breaking it will confirm targeting new negative stations that might start at 188.10 and 186.90 levels.

The expected trading range for today is between 189.30 and 191.60

Trend forecast: Bearish

Platinum price still affected by the negativity of the major indicators, to hinder the chances of forming the waited bullish rally by fluctuating near the initial support at 933.00$, while the price might form more sideways trades until gathering the additional positive momentum to ease the mission of surpassing 950.00$ followed by starting to target many positive stations by moving towards 983.00$ followed by reaching 1005.00$.

The risks of changing the main trend will appear in case the price attempted to break 920.00$, which might force it to suffer big losses before any attempt to achieve and of the suggested positive targets.

The expected trading range for today is between 930.00$ and 955.00$

Trend forecast: Bullish

Copper price succeeded to renew the bullish rally by surpassing 4.330$ barrier yesterday, recording some additional gains by settling near 4.3900$ now, expecting to get more positive momentum to continue forming bullish waves to attempt to surpass 4.4400$ and reach the next main target at 4.5300$.

Also, the consolidation of the MA55 until this moment, below the major trades confirm confining trades within the bullish track by forming additional support at 4.2000$.

The expected trading range for today is between 4.2800$ and 4.4400$

Trend forecast: Bullish

Ethereum price (ETHUSD) traded with clear positivity yesterday to touch our waited target at 3425.50$, noticing that the price finds good resistance there, to show some slight bearish bias, waiting to get positive motive that push the price to surpass this level and confirm opening the way to achieve more gains on the intraday and short-term basis, to head towards visiting 3570.00$ followed by 3680.00$ areas as next positive targets.

Therefore, we are waiting for positive trades in the upcoming sessions, taking into consideration that failing to breach 3425.00$ will stop the bullish wave and push the price to head towards testing 3222.00$ areas before any new positive attempt.

The expected trading range for today is between 3250.00$ support and 3520.00$ resistance.

Trend forecast: Bullish