The pair was affected by Stochastic decline towards 50 level to make the trading settles below the resistance level 156.60 to notice forming bearish wave since the morning trading, which allows the price to settle through this wave at 156.10, thus we continue in expecting the sideways trading to limit the price between 155.00 and the mentioned resistance level.

Carefully note that the pair remains affected by the bullish bias if the trading settled above the moving average 55 at 152.00, and the existence of the initial support level at 154.30 as appears in the above chart.

Expected trading range is between 155.000 and 156.60

Expected trend for today: bearish if the main resistance remains intact.

Platinum failed to settle around 1520.00 which allows the price to return attempting to achieve negative level as was expected in the previous reports to notice the stability since morning trading towards 1485.00

We are continuing in our expectation to achieve 1460.00 then 1440.00 in the near period, Stochastic supports our bearish overview by settling below 50 level as appears in the above chart.

Expected trading range is between 1500.00 and 1440.00

Expected trend for today: bearish

Copper attempts to achieve the first target around 3.4200 continue if 2.2800 remained intact to limit the trading tightly between the previous levels.

Stochastic gets rid of the overbought level which might push the price to achieve new positivity to reach the first suggested target then towards 3.5000 which represents the main resistance level for the trading.

Expected trading range is between 3.2800 and 3.4200

Expected trend for today: bullish if 3.2800 remains intact.

The pair is trading below 1.0140 levels keeping the affect of the bearish harmonic Bat Pattern, whereas the pattern might be deleted because the pair reached the second target at 61.8% correction around 1.0015 levels then rebounded to the upside. With the beginning of this week, trading is above Linear Regression Indicators, as Stochastic is showing a positive bias. Therefore, we might see more attempts to the upside this week while stability above 1.0140 indicates that the negative harmonic pattern’s affect is over.

The trading range for this week is between the key support at 1.0015 and the key resistance at 1.0310.

The general trend over short term basis is to the upside with steady daily closing above levels 0.9800 targeting 1.0485.