The GBPJPY pair began this morning with clear negativity due to its stability below 215.70 level, to form some corrective waves by its stability near 215.20, however forming an extra support level at 214.80 makes us wait for gathering extra positive momentum, which allows it to confirm breaching the barrier, to begin targeting new positive stations that might begin at 216.40 and 217.20.

While the decline below 214.80 and providing negative close will increase the efficiency of the bearish corrective trend to suffer more losses by targeting 214.10 and 213.55 level.

The expected trading range for today is between 214.80 and 215.70

Trend forecast: Fluctuated 

Platinum price remains affected by the negative pressure, to confirm delaying the main bullish trend by reaching below the moving average 55 by its fluctuation near $1980.00.

Providing negative momentum makes us expect targeting $1950.00 support, where breaking it will open the way for targeting new corrective stations that might begin at $1910.00 and $1865.00, while regaining the bullish bias depends on the stability above $2085.00 level.

The expected trading range for today is between $1910.00 and $2040.00

Trend forecast: Bearish

Copper price remains weak by its fluctuations near the initial support at $5.9700 level, affected by stochastic negativity, which might increase the chances of activating the previously suggested bearish corrective track.

Forming a strong obstacle at $6.1200 level against the current trading supports our corrective scenario, which might target $5.8900 and $5.8200.

The expected trading range for today is between $5.8900 and $6.1200

Trend forecast: Bearish

Ethereum (ETHUSD) rose during recent intraday trading, attempting to recover part of its previous losses while its is offloading clear oversold conditions on relative strength indicators, with early positive signals beginning to appear, however, the overall technical picture remains negative. The price is still affected by a prior break of a short-term ascending trend line, and it continues to trade below EMA50, which adds dynamic negative pressure and strengthens the bearish outlook.