The GBPJPY pair succeeded in confirming the bullish scenario by providing a new positive close above the barrier at 195.65, forming bullish waves and achieving clear gains by reaching 197.20.

The continuation of providing positive momentum by the main indicators will increase the chances for surpassing 61.8%Fibonacci correction level at 197.45, reinforcing the chances for achieving extra gains that might begin at 198.00 and 198.80.

The expected trading range for today is between 196.00 and 198.00

Trend forecast: Bullish

Platinum price activated the attempts of gathering the previously achieved gain, by forming a clear correctional decline in Friday, to settle below the extra support at $1275.00 level targeting $1244.00 as appears in the above image.

Reminding you that the stability above $1225.00 level until now might assist renewing the bullish attempts, to target $1300.00 and $1335.00 level, while its decline below this support and providing a negative close will confirm its readiness to resume the correctional decline, to wait for targeting $1210.00 and $1187.00.

The expected trading range for today is between $1225.00 and $1300.00

Trend forecast: Fluctuated 

Copper price continued to face the attempts of stochastic to provide negative momentum, to notice its repeated stability above 50%Fibonacci correction level, which keeps supporting the extra support near $4.6600.

We expect the continuation of providing sideways trading until gathering the required positive momentum to reach the initial target near $4.9800, and surpassing it will reinforce the chances for recording extra gains in the upcoming period.

The expected trading range for today is between $4.7000 and $4.8900

Trend forecast: Bullish

The (ETHUSD) price settled with a rise in its last intraday trading, attempting to recover some of its previous losses, attempting at the same time to offload its clear oversold levels on the (RSI), especially with the emergence of the positive signals from them, affected by breaking a main bullish trend line on the short-term basis, with the continuation of the negative pressure that comes from its trading below its EMA50.