The EURJPY pair surrendered to the strength of 159.70 support line, to force it to postpone resuming the decline and form strong correctional rebound to touch 160.90 level followed by turning back to form some negative waves as appears on the chart.

In case the price remained stable below 160.90, that will confirm forming minor bearish wave to take advantage of stochastic attempt to exit the overbought areas and start gathering the negative momentum, to target some negative stations by moving towards 160.25 followed by repeating the attempt to break 159.90 support line in order to find a way to resume the decline in the upcoming period.

The expected trading range for today is between 160.80 and 159.90

The expected trend for today: Bearish

The GBPJPY pair returned to provide new sideways fluctuation by settling near 188.10 level, postponing the negative attack temporarily until gathering the additional negative momentum, reminding you that it is important to hold below the major resistance at 189.95 to confirm the previously suggested negative scenario, also, 189.00 continues to form additional barrier to allow us to keep the bearish track, reminding you that the initial negative targets are located at 187.30 and 186.55.

The above chart shows stochastic fluctuation near 50 level, to increase the chances of gathering the required negative momentum to motivate the negative attack and reach the mentioned initial stations.

The expected trading range for today is between 188.70 and 186.55

The expected trend for today: Bearish

Platinum price provided some positive trades to move away from 880.00 support line, to notice attacking the MA55 that forms intraday obstacle against the bullish rally by settling near 918.00.

Note that stochastic consolidation within the overbought areas and providing positive momentum will increase the chances of surpassing the current obstacle in order to open the way to resume the bullish attack, to keep our bullish overview that might target 950.00 followed by 983.00 in the medium term period.

The expected trading range for today is between 900.00 and 935.00

The expected trend for today: Bullish

Copper price kept the bullish track by fluctuating near 38.2% Fibonacci correction level at 3.8500, taking advantage of the main stability above the additional support 3.7100, in addition to the consolidation of the MA55 above this support as appears on the chart.

Therefore, we will keep waiting to gather the additional positive momentum to assist to motivate the bullish rally and resume recording the positive targets near 3.9200 and 4.0200.

The expected trading range for today is between 3.8050 and 3.9200

The expected trend for today: Bullish