The GBPJPY pair ended yesterday by holding below the barrier at 20.3.95 level, which forces it to form some bearish corrective waves, to settle near 203.15 as appears in the above image.

Stochastic attempt to exit the overbought level confirms delaying the bullish rally, to expect suffering some extra losses by targeting 202.45 level, reaching the extra support at 201.75, while the price success in confirming the breach will ease the mission of recording extra gains by its rally towards 204.60 directly, reaching the top near 205.25.

The expected trading range for today is between 202.45 and 203.90

Trend forecast: Bearish

Platinum price remains affected by the bearish corrective trend, due to its stability below $1695.00, to notice forming some bearish waves by targeting $1558.00 level again.

The continuation of forming extra barrier at $1605.00 level by stochastic attempt to provide negative momentum, which will increase the efficiency of the corrective track, to keep waiting for the price to reach negative stations that are located near $1525.00, reaching the extra support near $1440.00. 

The expected trading range for today is between $1525.00 and $1610.00

Trend forecast: Bearish

Copper price is forced to provide sideways trading until gathering extra positive momentum, to notice its repeated stability within the bullish trend, leaning onto the support level at $4.7500.

Note that stochastic approach from 80 level might help it to renew the bullish attempts by surpassing $5.2000 level and reaching the next target at $5.3200.

The expected trading range for today is between $5.0500 and $5.3200

Trend forecast: Bullish

The (ETHUSD) price declined in its last intraday trading, amid the emergence of the negative signals on the relative strength indicators, after reaching overbought levels previously, to gather the gains of its previous rises, attempting to gain bullish momentum that might help it to recover and rise again, amid the dominance of the bullish corrective trend on the short-term basis and its trading alongside trendline that reinforces the stability of this track, especially with the relative strength indicates reaching exaggerated oversold levels compared to the price move, as a signal for the negative pressure decline.

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