The EURJPY pair formed some bearish trading, however it didn’t settle for longtime by its stability above 183.40, forming several bullish waves by targeting 184.85 barrier, to settle near 184.20.

In spite of the stability of the price below 184.85 barrier, however the contradiction of the main indicators might force it to provide unstable mixed trading, to keep waiting for gathering extra negative momentum, which allows it to renew the pressure on the mentioned barrier, where breaking it will extend the trading towards the negative stations near 182.90 and 182.20.

The expected trading range for today is between 183.40 and 184.60

Trend forecast: Fluctuating within the bearish trend

The GBPJPY pair remains affected by the contradiction of the main indicators, which forces it to delay the negative attempts near the initial barrier at 213.50, the price keeps attempting to gain negative momentum, to ease the mission of surpassing the obstacle at 212.80, then begin targeting the main negative stations by reaching 211.80 and 211.30.

The risk of changing the current trend is represented by surpassing 214.50 level and holding above it, to confirm its readiness to activate the bullish trend, to expect targeting 215.10 and 215.60 levels initially.

The expected trading range for today is between 212.80 and 213.90

Trend forecast: Bearish

The continuation of the contradiction between the main indicators led to delay the negative attempts of platinum, to form some bullish corrective waves by reaching $1625.00, by the above image, we notice the stability of the trading within minor bearish channel levels, to confirm the stability of the bearish scenario by its stability below the initial resistance at $1745.00.

And that makes us wait for gathering extra negative momentum, which allows it renew the negative attempts that might target $1555.00 and $1510.00, while breaching the resistance and holding above it will provide extra chances for recovering more losses by its rally $1775.00 reaching the next barrier near $1855.00.

The expected trading range for today is between $1515.00 and $1680.00

Trend forecast: Bearish

Copper price ended the last trading by reaching $5.9200 level, as it faced the moving average 55, to begin forming a positive rebound, to settle near the broken support at $6.1000 level.

The price may continue forming some positive trading, but it will not affect the bearish corrective scenario, depending on forming main initial barrier at $6.3000 level, while gathering extra negative momentum will push it to renew the pressure on $5.9200 level, and surpassing it might extend the trading towards the negative stations near $5.8200 and $5.7100.

The expected trading range for today is between $5.9200 and $6.2000

Trend forecast: Bearish