|
Copper price approaches the corrective target– Forecast today – 29-4-2026
Copper price activated the corrective decline by reaching below $5.9700 level, activating with the negativity of the indicators by reaching $5.850, approaching the suggested targets in the previous report.
Note that holding above $5.8100 level might allow it to begin forming bullish waves, to target $6.0200 level, to press at $6.1200 barrier, while facing new bearish pressures might force it to resume the corrective decline by reaching below $5.8100, to expect targeting $5.7000 and $5.5900 level.
The expected trading range for today is between $5.8100 and $6.0200
Trend forecast: Fluctuating within the bullish trend
Thanks for your feedback.
Ethereum (ETHUSD) sees cautious gains amid ongoing downside pressure - Analysis- 29-04-2026
Ethereum (ETHUSD) settles with cautious gains in recent intraday trading, managing to recover part of its earlier losses while successfully easing oversold conditions on the relative strength indicators. However, these indicators have now moved into heavily overbought territory relative to price action, suggesting a rapid loss of bullish momentum.
MoreBrent crude oil attacks our price target - Analysis- 29-04-2026
Brent crude oil rose in recent intraday trading, testing the $105.00 resistance level, which was our price target. This move reflects a strong short-term bullish wave, supported by continued trading above EMA50, which reinforces dynamic pressure.
MoreThe USDCHF declines after reaching our expected target - Analysis-29-04-2026
The USDCHF pair declined in its recent intraday trading after reaching the resistance level at 0.7910, which was an expected target in our previous analysis. The pair is now taking profits from its earlier gains and attempting to build new positive momentum that could help it recover and breach this resistance level, and it is attempting to offload some of its overbought condition on the relative strength indicators, especially with emerging negative signals.
More