The GBPJPY pair ended the last bullish rally by facing the resistance of the main bullish channel that is located at 208.80, which forces it to form corrective trading to begin gathering the gains, to reach 208.10.

The price keeps providing corrective trading, however its stability above the extra support at 206.90 confirms the dominance of the bullish scenario in the current period, therefore, we will keep waiting for gathering extra positive momentum, which allows it to renew the pressure on the resistance and surpassing it will make it record new gains that might begin at 209.30 and 209.75.

The expected trading range for today is between 207.40 and 208.60

Trend forecast: Fluctuated

Platinum price surrendered to the sideways bias dominance, to fluctuate slowly near$1660.00 level, affected by the stability at $1695.00 barrier, which obstructs the chances of resuming the main bullish attack.

The price might keep providing sideways trading, however the stability above the extra support of $1605.00 supports the chances of renewing the bullish attempts, therefore, we will keep waiting for breaching the current barrier, to open the way for recording new gains that might begin at $1715.00 and $1745.00.

The expected trading range for today is between $1635.00 and $1695.00

Trend forecast: Sideways until achieving the breach

Copper price continued providing sideways trading, despite the positive factors to keep its fluctuating moves near the barrier at $5.3200, we will keep waiting to renew the bullish attempts by surpassing the current barrier to begin recording new gains by its rally towards $5.5000 reaching $5.6500 in the medium period trading.

Noting that the price decline below the extra support at $5.1300 will delay the bullish attack, which forces it to activate the corrective trading by suffering some losses by reaching $4.9500 and $4.7500.

The expected trading range for today is between 3.7500 and 4.0500

Trend forecast: Bullish

The (ETHUSD) price suffered sharp losses in its last intraday trading, due to the stability of the key resistance at $3,370, accompanied by forming negative divergence on the relative strength indicators, to slip lower after a journey to look for the required bullish momentum for its recovery, amid the continuation of the positive support due to its trading above EMA50, under the dominance of the bullish corrective trend on the short-term basis and its trading alongside main and minor trend lines that support this track.