AstraZeneca shares price succeeded to surpass 6758.00 resistance recently, to start targeting new historical levels and record 6916.80 level, while the breached resistance forms new support line to reinforce the bullish attempts to expect renewing the bullish attack to target 7105.00 followed by reaching 7360.00 in the upcoming period.

Stochastic reach to the overbought areas supports our bullish overview by providing new positive momentum to ease the mission of resuming the positivity until reaching the suggested positive stations.

The expected trading range for today is between 6900.00 and 7105.00

The expected trend for today: Bullish

Copper price continued to postpone the positive attempts recently, while one of the important factors is the moving average 55 consolidation around 2.7400 barrier, which increases the chances of resuming the negative fluctuation until testing the bullish channel’s support line at 2.6200.

Also, stochastic provides additional negative momentum by reaching the oversold areas to increase the chances of renewing the negative attempts to wait to achieve the suggested targets.

The expected trading range for today is between 2.7200 and 2.6200

The expected trend for today: Bearish

Platinum price still affected by the strength of the bearish channel’s resistance at 875.00, to increase the chances of forming strong bearish trades in the near term and medium term period, while gathering new negative momentum allows us to suggest declining towards 790.00 level, and breaking this barrier might extend trades towards 750.00 in the medium term period.

We remind you that breaching the current resistance will confirm moving into new bullish track to start targeting new positive levels that might start at 925.00.

The expected trading range for today is between 875.00 and 790.00

The expected trend for today: Bearish

The GBPJPY pair kept its stability within the minor bullish channel recently, reinforcing the negative overview by forming bearish wave, to record 134.15 level, expecting to target 134.65 level soon, which formed solid barrier against the recent negative attempts, reminding you that breaking this level will reinforce the bearish scenario and start targeting new negative levels that begin at 133.00 followed by reaching 132.10.

One of the most important factors that agree the bearish scenario is the stability of the initial resistance 135.40 today, besides stochastic negative momentum signals after approaching the oversold areas.

The expected trading range for today is between 135.00 and 133.65

The expected trend for today: Bearish