The GBPJPY pair affected by the bearish correctional bias domination, to settle near the support at 193.15, the continuation of the main indicator’s contradiction might force the price to provide new mixed trading, but its stability above the mentioned support will increase the chances for renewing the bullish attempts, which targets 194.55 level, to extend the trading towards the next resistance at 195.70.

In case reaching below the current support, we recommend the neutrality and monitoring the price behavior due to the factors that assist to decrease the negativity, starting from the moving average 55 stability below the current trading and its stability near 192.05, besides the continuation of forming a solid support at 191.40 level, to decrease the chances for renewing the negative attack on the upcoming trading.

The expected trading range for today is between 193.00 and 194.55

Trend forecast: Bullish

Despite forming a new bullish wave by Platinum price and its stability above 50%Fibonacci correction level at $983.00, but that will not affect the bearish track, due to the formation of a key resistance extension at $1005.00 as appears in the above image.

Therefore, we will keep gathering the negative momentum in the current trading, which allows it to press on the moving average 55 near $964.00, surpassing it will make it reach the next support at $950.00.

The expected trading range for today is between $964.00 and $1000.00

Trend forecast: Bearish

No news for Copper price until this moment by its repeated sideways fluctuation near $4.6200 level, attempting to settle below the initial barrier at $4.6600, reinforcing the chances for activating the suggested negative scenario, reminding you that the initial targets are located near $4.4500 and $4.3100 level.

Note that regaining the bullish bias requires forming strong bullish waves, to surpass the resistance at $4.9100, and holding above it to open the way towards achieving big gains that might begin at $5.0300.

The expected trading range for today is between $4.4500 and $4.6800

Trend forecast: Bearish

The (GBPUSD) rose in its recent intraday trading, taking advantage of the technical support from its stability above its EAM50, which reinforces the positive momentum for the price on the short-term basis, with the emergence of the positive signals on the (RSI), after reaching oversold levels, the dominations of the main bullish trend on the short-term basis reinforces this scene, with the continuation of the trading alongside a bias line.