The GBPJPY pair continued delaying the negative corrective attempts due to the positive momentum that comes from the main indicators, which forces it to form some bullish waves, approaching near 214.50.

The price might continue providing mixed trading, however the stability below the previously mentioned barrier will increase the efficiency of the bearish corrective trend, to expect targeting 213.30 level, attempting to reach 211.80, while surpassing the barrier and holding above it will support the chances of forming strong bullish waves, to target 215.25 and 216.05.

The expected trading range for today is between 212.80 and 214.50

Trend forecast: Bearish

Platinum price benefited by providing positive momentum by the main indicators, to notice surpassing $2080.00 barrier, to begin recording some gains by its rally towards 2145.00, achieving the previously suggested initial target.

The stability above the breached barrier will allow it to form more bullish waves, to keep waiting to reach $2195.00 level, and surpassing it might extend the trading towards 161.8% Fibonacci extension level near $2245.00, while the risk of changing the near and medium trading is represented by reaching below $1950.00 level and holding below it.

The expected trading range for today is between $2060.00 and $2195.00

Trend forecast: Bullish

Copper price confirmed the continuation of the positivity by surpassing the barrier at $6.2600 yesterday, to record clear gains by its stability near $6.4100 level.

Our bullish scenario depends on forming additional support at $6.1000 level, and the continuation of providing bullish momentum by the main indicators will reinforce the chances of recording extra gains by reaching $6.5300 and surpassing it will make the next main target at $6.7300 level in the current trading.

The expected trading range for today is between $6.2800 and $6.5300

Trend forecast: Bullish

Ethereum recorded sharp losses during recent intraday trading, surpassing EMA50, which increases negative pressure on the price and limits its ability to recover in the short term.

However, the market is currently balancing this weakness with support from a short-term ascending trendline, which is acting as a dynamic support zone and may help the price stabilize. At the same time, relative strength indicators are showing early positive signals after reaching deeply oversold conditions, suggesting the possibility of a technical rebound.