The GBPJPY pair ended the bullish rally by facing an important barrier near 213.00, which forces it to form weak sideways trading by its fluctuation near 212.75.

The stability below this barrier might push the price to form bearish waves, to reach 211.35, while the price success in surpassing the barrier and holding above it will provide a chance for recording extra gains that might extend to 213.40 and 214.15.

The expected trading range for today is between 211.35 and 213.00

Trend forecast: Bearish

Platinum price succeeded in surpassing the negative pressures yesterday, to settle above $1950.00 level, activating with the moving average 55 positivity, forming some bullish waves to settle near $2150.00.

The price needs extra bullish momentum to allow it to step above $2250.00 level, opening the way for forming new bullish waves, to increase the chances of recording extra gains by its rally towards $2340.00 and $2425.00.

The expected trading range for today is between $2000.00 and $2250.00

Trend forecast: Bullish

Copper price activated with the temporary negative pressures yesterday, forming more corrective waves, hitting the previously waited target at $5.5100, facing an important support to bounce higher towards $5.8500.

The stability above $5.5100 level confirms the continuation of the bullish scenario, therefore, we will keep waiting for gathering extra bullish momentum, to ease the mission of its rally towards $59700, to press on the resistance at $6.2000.

The expected trading range for today is between $5.7100 and $6.0000

Trend forecast: Bullish

The (ETHUSD) price declined in its last intraday trading, with the beginning of forming negative divergence of relative strength indicators, after reaching exaggerated overbought levels compared to the price move, with the emergence of negative signals from there, amid the continuation of the negative pressure due to its trading below EMA50, reinforcing the stability and dominance of the main bearish trend on short-term basis.