The GBPJPY pair provided some weak sideways waves by its stability near 214.00, affected by the continuation of the main indicators contradiction beside forming extra support at 213.30 level, obstructing the chances of resuming the previously suggested corrective trend.

The sideways range trading might continue currently, however the stability below 214.50 barrier makes us wait for gathering negative momentum, to repeat the pressure on 213.30 support, to find an exit for targeting more corrective stations by reaching 212.70 and 212.20, while breaching the barrier and holding above it will cancel the negative overview, providing strong chance for forming bullish waves in the upcoming period trading.

The expected trading range for today is between 212.75 and 214.20

Trend forecast: Bearish

Platinum price succeeded in surpassing the negative pressure by its stability above $1865.00 support, forming some bullish waves, approaching the initial target at $1950.00.

The price needs a new bullish momentum that helps it to face the moving average 55 at $2000.00, then press on the resistance near $2080.00, while surpassing the negative pressure and reaching below the current support will turn it to the bearish corrective track, to expect suffering extra losses by reaching $1805.00 and $1775.00.

The expected trading range for today is between $1865.00 and $1950.00

Trend forecast: Bullish

Despite the stability of copper price within the main bullish track, it remains confined between the initial support of $6.1000 and $6.4000 barrier, which pushes it to provide more sideways trading without recording any new positive target.

The contradiction of the main indicators confirms the dominance of the sideways bias currently, to keep waiting for surpassing the barrier to open the way for achieving extra gains that might begin at $6.5600 and $6.7500, while breaking the support and holding below it will force it to activate the bearish corrective track, and $5.9500 level represents the initial station.

The expected trading range for today is between $6.1000 and $6.4000

Trend forecast: Fluctuating within the bullish trend

Ethereum (ETHUSD) returned to decline during recent intraday trading after it attempted to recover part of its earlier losses. The price managed to ease oversold conditions on relative strength indicators, which have now shifted into overbought territory relative to price action, signaling a rapid loss of bullish momentum.

The broader short-term trend remains bearish, supported by continued trading below EMA50 and movement along a descending trendline, which maintains pressure on the price and limits any sustained recovery attempts.