AXA shares price succeeded to hold above 50% Fibonacci correction level to form key support at 21.85 and increases the chances to renew the bullish attempts in the near term and medium term period, expecting to gather new positive momentum to rally towards 22.65 initially, followed by attempting to reach 23.45 level to cover the previously achieved gap.

Also, we notice that stochastic begins to form bullish waves to increase the chances of gathering the required positive momentum to achieve the suggested targets.

The expected trading range for today is between 22.00 and 23.45

The expected trend for today: Bullish

Copper price still near the bullish channel’s support line, without recording any new positive target, due to the lack of the positive momentum, thus, we will keep waiting to gather the required positive momentum, being aware that it is important to settle above 2.6220 followed by waiting to record the targets at 2.7200 and 2.7800 levels.

Any attempt to decline below the support line and getting negative close will force the price to form strong negative trades, with chances to suffer many losses by reaching 2.5370 and 2.4400 levels.

The expected trading range for today is between 2.6200 and 2.7200

The expected trend for today: Bullish

Platinum price didn’t succeed to record any new correctional target due to the continuous negative pressure coming by the major indicators, to force the price to form new sideways fluctuation and settles around 805.50 level, reminding you that the positive scenario will remain valid as long as the initial support 790.00 remains intact, while gathering new positive momentum will allow the price to reach the targets at 840.00 followed by 880.00 levels.

We remind you that attempting to crawl below the current support and getting negative close will force the price to form strong negative trades to suffer many losses by moving towards 749.00 and 680.00 levels.

The expected trading range for today is between 790.00 and 840.00

The expected trend for today: Bullish

Despite stochastic positive pressure by rallying above 50 level, we notice that the GBPJPY pair keeps the negative attempts due to its fluctuation below 138.35 resistance.

Therefore, we will continue to suggest the negative attempts for the near term and medium term period, expecting to gather new negative momentum and decline towards 136.60 level, while breaking this barrier will extend trades towards achieving the second target at 135.50.

The expected trading range for today is between 138.35 and 136.60

The expected trend for today: Bearish