The GBPJPY suffered sudden bearish pressure to push it to provide new bearish trading, to notice testing the support of the minor bullish channel at 193.75 level, to settle above it.

Confirming the bullish scenario requires holding above the current support, reinforcing the chances for gathering positive momentum and beginning forming bullish waves to target 195.80 reaching 193.30 level, while breaking the support will cancel the bullish suggestion, which forces the price to suffer extra losses that might extend to 192.60 and 192.00.

The expected trading range for today is between 194.00 and 195.80

Trend forecast: Bullish

Platinum price reached the $1305.00 level, recording the suggested extra target then begin forming bearish correctional trading by its rebound to $1265.00.

We expect forming and extra barrier at $1305.00 level, and stochastic attempt to exit the overbought level, the continuation of providing correctional trading to gather some of its gains by reaching $1250.00 reaching the initial support at $1225.00, while breaching the barrier will confirm the price move to a new bullish track, to expect its rally towards $1340.00.

The expected trading range for today is between $1225.00 and $1305.00

Trend forecast: Bearish

Copper price neediness to the momentum in the last trading led to delay the bullish attempts, to notice its fluctuations below the barrier near $4.8100, and providing an intraday negative rebound at $4.7100.

Note that the price success to settle above 50% Fibonacci correction level at $4.6600 will assist to reinforce the chances for activating the bullish track until breaching the mentioned barrier, while breaking this support will increase the negative pressure on the current trading, which force it to suffer extra losses by reaching $4.6000 and $4.5300.

The expected trading range for today is between $4.6600 and $4.8100

Trend forecast: Fluctuated within the bullish track

The (ETHUSD) price declined in its last intraday trading, surpassing the support of its EMA50, with the emergence of the negative signals on the (RSI), despite reaching oversold levels, with put it under negative pressure, which broke the main bullish trend line on the short-term basis, which increases the possibilities for the continuation of the decline.