The GBPJPY pair benefited from providing bullish momentum by the main indicators, especially with stochastic reach towards 80 level, forming a strong bullish rally to surpass the barrier at 213.00, to settle above the bullish channel’s support at 213.55 level, to target some extra gains by reaching 214.30.

The stability above the bullish channel’s support will provide strong chance of recording extra gains; to expect to form initial target at 214.90 level and surpassing it might extend the trading in the near period towards 215.55 and 216.35.

The expected trading range for today is between 213.80 and 214.90

Trend forecast: Bullish

Platinum price benefited from positive stability above $1950.00 support, reinforcing the bullish scenario to rally $2275.00, achieving the initial suggested targets in the previous report.

No escape from forming new bullish waves, due to the bullish momentum by the main indicators, to expect its rally towards $2340.00, attempting to test $2425.00 resistance, forming a detecting key for the main targets in the upcoming period trading.

The expected trading range for today is between $2140.00 and $2400.00

Trend forecast: Bullish

Copper price formed more bullish waves yesterday, to repeat the pressure at $5.9700, attempting to find an exit to resume the bullish attack again.

The contradiction between the main indicators might push the price to provide sideways trading, reminding you that the stability above $5.5100 support forms a main factor to confirm the bullish scenario, therefore, we will keep waiting for breaching the barrier to open the way for recording more gains by its rally towards $6.1500 and $6.2500.

The expected trading range for today is between $5.8500 and $6.1500

Trend forecast: Bullish

The (ETHUSD) price rose in its last intraday trading, supported by the positive signals from relative strength indicators after reaching oversold levels, affected by the stability of $2,070 support, this support was our expected target in our previous analysis, gaining bullish momentum that helped it to achieve these gains, to recover some of its previous losses, amid the continuation of the negative pressure due to its trading below EMA50, reinforcing the dominance of the main bearish trend on short-term basis.