The pair closed around 129.60 yesterday to settle confused above the moving average and below the main resistance level which represents the main target for the bullish trading

To continue in the bullish expectation the price must settle above 128.80 to reach 131.00 followed by 132.30 as main targets for the bullish bias , while breaking below 128.80 will make us expect an intraday decline to hit 127.80 which represents an initial support level as appears in the image.

Expected trading range is between 129.00 and 131.00

Expected trend for today: bullish 

The pair declined to hit the neckline of the double bottom pattern at 153.75 to notice that the price gained positive momentum since the morning trading to settle around 154.10, thus we remain in our previous expectation to achieve 155.10 as an initial target followed by 155.80

Stochastic attempts to gain new momentum by falling to 35 level accompanied with the stability in positive level, we must mention that succeeding to break below the retest level will push the price to achieve negative bias reaching towards 152.00

Expected trading range is between 153.70 and 1550.10

Expected trend for today: bullish 

Platinum trades in tight and sideways range recently, in spite of the stability below 50% Fibonacci around 1520.00, therefore we continue in our recent negative expectation to achieve 1460.00 followed by 1440.00 if the previous resistance level remains intact.

Stochastic touches 50 level attempting to achieve a positivity which supports the dominant sideways trading range until this moment, and we must note that breaching above the resistance level will push the price to achieve an upside level begin at 1580.00 which represents the moving average level.

Expected trading range is between 1520.00 and 1460.00

Expected trend for today: bearish

Copper attempts to achieve more gains in yesterday’s trading by breaching above the resistance 3.3000 to return to provide a close below this level, carefully note that breaching above this resistance will open the way towards getting rid of the negativity that was dominating recently to achieve positive levels towards 3.4500

We notice the stability of Stochastic negatively below 50 level to contradict with copper move towards attempting to breach, which makes us expect the sideways trading range for today due to the indicators conflict, therefore we recommend the neutrality until getting clearer image.

Expected trading range is between 3.2500 and 3.3800

Expected trend for today: neutral.