Copper price attempted to face the negative pressures by fluctuating above the initial support 4.5300$, while the continuous contradiction between the major indicators pushes the price to provide new sideways trades to keep its stability below 4.6800$ barrier.

We expect to continue providing sideways trades, noting that stochastic continuous negative momentum might assist to decline below the current support and suffer additional losses by reaching 4.4600$.

The expected trading range for today is between 4.4600$ and 4.6200$

Trend forecast: Bearish

Ethereum price (ETHUSD) shows tight trades since yesterday, confined between the key resistance 2764.75$ and the minor bullish channel’s support line that rises now to 2680.00$, waiting to break this level to activate the negative effect of the bearish flag pattern followed by resuming the expected bearish trend for the upcoming period.

Bitcoin price (BTCUSD) shows more bullish bias to surpass 98000.00$ barrier, reinforcing the expectations of continuing the rise on the intraday basis, waiting to visit 100000.00$ as a next main target, being aware that it is important to monitor the price at this level due to its importance to detect the next destination.

Wheat price continued to decline to test 599.00$ support line, and the EMA50 continues to provide the positive support and attempts to prevent the price from achieving more decline, besides the positive signals that stochastic continue to provide.