The GBPJPY pair was under strong negative pressure, suffering big losses by reaching 210.45, to attempt to recover big part of these losses by bouncing higher to settle near 213.80.

Note that the stability below the barrier at 214.10 might help to renew the negative attempts in the near period, to expect attacking 213.30 level to find an exit for confirming the dominance of the bearish trend in the upcoming period, while breaching the barrier will open the way for recovering more losses by its rally towards 214.50 and 215.05

The expected trading range for today is between 213.30 and 214.30

Trend forecast: Bearish

Platinum price took advantage of the stability above $1865.00 level, which represents a strong extra support, activating with stochastic intraday positivity by recording some gains, to settle near the moving average 55 at $1990.00.

The price needs a new positive momentum to help it to renew the bullish attempts, to expect reaching $2035.00 initially, to attempt to press on $2080.00 barrier, while the return of the trading below $1950.00 will confirm activating the bearish corrective trend again.

The expected trading range for today is between $1950.00 and $2035.00

Trend forecast: Bullish

Copper price kept its stability above the initial support at $5.8100, attempting to surpass the dominance of the bearish corrective trend, to notice its rally to the upside to settle near $5.930.

Despite stochastic attempt to provide positive momentum. Waiting to surpass $6.0500 and hold above it is important to reinforce the chances of forming bullish waves to reach positive stations that might begin at 6.1200, while the price decline below $5.8100 will open the way for resuming the corrective trend, to expect reaching $5.7000 and $5.5900.

The expected trading range is between $5.8100 and $6.0500

Trend forecast: Bearish by the stability of $6.0500

Ethereum (ETHUSD) has been moving in fluctuating trading during recent intraday levels, supported by the stability of the $52,250 support level, providing some positive momentum and preventing deeper losses. This comes alongside positive signals from the relative strength indicators.

However, the price is under negative and dynamic pressure, represented by trading below EMA50, reinforcing the strength of the short-term corrective bearish trend.