Copper price continues calm sideways trading in the last period, attempting to gather extra positive momentum to reinforce the continuation of the positivity that depends on the stability above the support level at $5.3200.

Therefore, we will keep our bullish expectation of the target $5.4700 level, reaching the next main target at $6.0400, while the trading below the support will force the price to provide some bearish correctional trading to target $5.1500 and $4.9800 level before any attempt to record any of the extra targets.

The expected trading range for today is between $5.3500 and $5.7200

Trend forecast: Bullish

The (ETHUSD) price declined in its last intraday trading, amid the emergence of the negative signals on the (RSI), in attempt to gain a positive momentum that might assist it to recover and rise again, amid the continuation of the positive pressure, due to its trading above EMA50, and under the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line.

The (Brent) price declined in its last trading on the intraday levels, by negative pressure from its trading below EMA50, to attempt to look for a rising low to take as a base to help it recover, especially with its trading alongside a main bullish trend line on the short-term basis, beside the (RSI) reach to exaggerated oversold levels compared to the price move, which suggest forming a positive divergence.

The (silver) price declined in its last intraday trading, to attempt to look for a rising low to take it as a base that might assist it to gain the required positive momentum to recover, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, with the continuation of the positive pressure due to its trading above EMA50, to notice that the (RSI) indicators have reached oversold levels, which suggest the beginning of forming a positive divergence.