The GBPJPY pair kept its negative stability below the barrier at 212.10 level, forming strong bearish waves, to settle below 210.65 level, forming initial target in the previous report, to confirm its readiness to resume the bearish attack by its stability near 210.00.
Providing negative momentum by the main indicators supports our negative expectations, to expect extra losses by reaching 209.55 and 209.15.
The expected trading range for today is between 209.15 and 210.50
Trend forecast: Bearish
Platinum price succeeded in testing $2245.00 support, to receive a new bullish momentum, forming strong bullish waves, recording several gains by its stability at $2405.00.
Providing positive momentum by the main indicators will ease the way for the rally towards $2465.00, forming second main target in the current trading, note that resuming the rise again requires breaching near $2525.00 and holding above it to reinforce the chances for reaching new positive stations in the medium period.
The expected trading range for today is between $2275.00 and $2470.00
Trend forecast: Bullish
Copper price resumed bullish attempts to fluctuate above $5.9700 barrier, announcing its readiness to form new bullish waves in the near period, note that positive close above this barrier, to support the chances of its rally towards positive stations that begin at $6.1200 and $6.2400.
While the return fluctuates below $5.9700 will force it to delay the bullish rally, and there is chance to form bearish corrective waves to target $5.8200 and $5.7400 before any new attempt to reach the previously suggested targets.
The expected trading range for today is between $5.900 and $6.1200
Trend forecast: Bullish
The (ETHUSD) price is fluctuating on its last intraday levels, affected by the stability of $2,100 key resistance, attempting to gain bullish momentum that might help it to breach in the upcoming period, amid the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the chances of its recovery with the emergence of positive overlapping signals on relative strength indicators, after reaching exaggerated oversold levels compared to the price move.