The GBPJPY pair reacted to stochastic positivity by forming correctional bullish rebound and approach the minor bearish channel’s resistance line at 190.45, while the upcoming scenario depends on the strength of this resistance, as its stability allows us to expect renewing the negative attempts by crawling towards 188.75 followed by reaching 187.90.

On the other hand, facing strong positive pressures and rallying above the current resistance will cancel the bearish overview to start forming bullish waves, expecting to target 190.80 as a first station, followed by reaching the MA55 at 192.60.

The expected trading range for today is between 188.75 and 190.50

Trend forecast: Bearish

Platinum price touched 936.00$ level on last Friday, to achieve some negative targets followed by forming intraday positive rebound to keep its negative stability below the MA55 that forms additional barrier now at 960.00$.

We expect to gather the additional negative momentum to start forming new bearish waves and confirm the release from 941.00$ obstacle to start targeting new negative stations by crawling towards 920.00$ first.

The expected trading range for today is between 920.00$ and 960.00$

Trend forecast: Bearish

Copper price provided some additional negative trades by touching 4.4580$ level followed by forming sideways fluctuation due to the continuous contradiction between the major indicators, to notice settling near the broken additional support line now at 4.5400$.

We remind you that the frequent stability below the additional barrier 4.6800$ and stochastic attempt to provide the negative momentum will increase the chances of activating the bearish track, to keep waiting to reach the next target at 4.3900$.

The expected trading range for today is between 4.3900$ and 4.5600$

Trend forecast: Bearish

Ethereum price (ETHUSD) ended yesterday above 2500.00$ barrier, to hint heading to test the bearish channel’s resistance line that appears on the chart, on its way to achieve expected gains in the upcoming sessions, especially after settling above the EMA50.