The GBPJPY pair returned to activate the bullish attempts by surpassing the barrier near 198.80, which allows it to achieve some of the gains by its rally to 199.73, to keep its stability within the main bullish channel’s levels that appear in the above image.

Stochastic attempts to provide positive momentum, will increase the efficiency of the bullish track, to approach from the initial extra target at 200.35, and surpassing it will lead to reach 1.809%Fibonacci extended level at 201.50.

The expected trading range for today is between 199.10 and 200.35

Trend forecast: Bullish

Platinum price repeated providing positive closes above $1366.00 level, attempting to confirm the continuation of the suggested bullish track, fluctuating near $1381.00 and taking advantage of stochastic attempts to provide positive momentum in the previous period.

We expect the continuation of the bullish attempts, to keep waiting for reaching the positive stations that are located near $1420.00 reaching the next main target at $1457.00, while its decline below $1366.00 level will force it to activate the bearish correctional track, to reach $1333.00 initially before reaching any of the positive targets.

The expected trading range for today is between $1365.00 and $1420.00

Trend forecast: Bullish

Copper price lost the positive momentum yesterday by stochastic stability below 80 level, which forces it to provide weak sideways trading by its fluctuation near $5.5000 level, without recording any new positive target.

Note that the price activated the attempts of gathering the gains by the continuation of facing negative pressures, which forces it to press on the support near $5.3200, and breaking it will force the price to decline towards $5.1500 and $4.9800, while renewing the bullish attempts requires forming a strong bullish rally, to settle above $5.600.

The expected trading range for today is between $5.1500 and $5.600

Trend forecast: Bearish

The (ETHUSD) price settled high in its last intraday trading, after breaching $3,050 resistance, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, taking advantage of the dynamic support that is represented by its trading above EMA50, on the other hand, we notice the beginning of negative overlapping signals on the (RSI), after reaching overbought levels, which might decelerates the gains.