The GBPJPY pair succeeded in settling above 66%Fibonacci correction level at 198.85, reinforcing the continuation of the positivity, to face 200.10 resistance, achieving the extra waited target in the previous report.

Note that monitoring the price behavior as there is a chance for forming mixed trading until breaching the current resistance, to settle within the bullish channel’s levels again, increasing the chances for achieving extra gains that might begin at 200.85 reaching 78.2%Fibonacci correction level at 202.00.

The expected trading range for today is between 199.25 and 200.40

Trend forecast: Sideways

No news for Platinum price in the last period by its sideways fluctuation between the initial support at $13.5.00 and $1342.00 level, which represents a key barrier against the attempts of activating the bullish track again.

We expect the continuation of the price affection by the sideways track until breaching the current barrier, which allows it to surpass the moving average 55, to begin recording several gains by its rally at $1375.00 and $1415.00.

The expected trading range for today is between $1315.00 and $ 1375.00

Trend forecast: Bullish

Copper price began forming slow bullish waves after stochastic reach to oversold level, to announce surpassing the negative pressure, to keep its main stability within the bullish track, which depends on the stability of the support level at $4.0500.

The price success in gaining positive momentum will ease the mission of recording positive stations, to keep waiting for reaching $4.6300, then press on the barrier at $4.7400, to monitor its behavior due to the importance of this level to detect the expected trend in the upcoming trading.

The expected trading range for today is between $4.330 and $4.6300

Trend forecast: Bullish

The (ETHUSD) price continued rising in its last intraday trading, to breach its current resistance at $4,500, this resistance represents our target in our previous reports, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a supportive minor bias line for this trend, with the continuation of the positive pressure due to its trading above EMA50, besides the emergence of the positive signals on the (RSI), despite reaching overbought levels.

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