The GBPUSD pair resumes its negative trading to achieve our first negative target at 1.2300 and attempts to break it, to support the expectations of extending the bearish wave and pave the way to head towards 1.2200 as a next station, to continue suggesting the bearish trend for the upcoming period conditioned by the price stability below 1.2410.

The expected trading range for today is between 1.2250 support and 1.2450 resistance.

The expected trend for today: Bearish

The EURUSD pair started the first attempt to break 1.0515 level, to support the continuation of the expected bearish trend scenario for today, which targets 1.0450 followed by 1.0400 levels as next main stations, noting that the EMA50 reinforces the suggested negative scenario, which will remain valid conditioned by the price stability below 1.0580.

The expected trading range for today is between 1.0450 support and 1.0600 resistance.

The expected trend for today: Bearish

Copper price renewed forming bearish trades to keep the negative stability below 4.5500 level and notice crawling towards 4.2750, reminding you that it is important to break 4.1800 to manage to resume the negative attack by moving towards the main stations at 4.0500 and 3.9200.

The expected trading range for today is between 4.3500 and 4.0500

The expected trend for today: Bearish

Platinum price kept its negative stability below 1010.00 resistance, to force it to renew the negative attempts and move towards 50% Fibonacci correction level at 950.00.

Also, stochastic exits the overbought areas to confirm getting rid of the positive pressures and increase the efficiency of the bearish trades for the upcoming period, to expect renewing testing 910.00 support line followed by monitoring its behavior to detect the next main trend.

The expected trading range for today is between 980.00 and 910.0

The expected trend for today: Bearish