|
Copper price begins to decline – Forecast today – 30-10-2026
Copper prices maintained their main bearish trend, with the price beginning to form negative trades and settling near the first target at $6.4200 benefiting from the negative factors, primarily the repeated stability below the $6.6100 resistance level, alongside the main indicators aligning to provide negative momentum signals.
We will maintain our bearish outlook for the near- and medium-term trades, noting the possibility of the price reaching $6.3800 soon, followed by another attempt to test the $6.2400 support level, seeking to find a way to resume its bearish moves in the coming period.
The expected trading range for today is between $6.2400 and $6.5800
Trend forecast: Bearish
Thanks for your feedback.
Ethereum (ETHUSD) Confirms Our Price Target – Analysis –30-10-2026
Ethereum (ETHUSD) maintained a series of sharp losses in its latest intraday trading, breaking below the $2,250 support level, which was a price target in our earlier analysis. This comes amid negative signals emerging from the relative strength indicators after the price managed to offload its oversold conditions, leaving room for further losses in the near term.
MoreBrent Crude Oil Challenges a Key Resistance – Analysis –30-10-2026
Brent crude oil maintained a series of consecutive gains in its latest intraday trading, as the price continues its attempts to challenge the pivotal and stubborn resistance level of $113.00. This is driven by the dominance of the main short-term uptrend, with the price moving alongside a minor trend line supporting this trajectory. Positive pressure also persists as the price trades above EMA50, reinforcing the chances of further gains in the near term.
MoreUSDCHF Finds Support at a Main Bullish Trend Line – Analysis –30-10-2026
The USDCHF pair maintained a series of consecutive losses in its latest intraday trading, amid continued negative pressure from trading below EMA50. The pair has now reached a key rising trend line support on the short-term basis, gaining some positive momentum that was further reinforced by the emergence of a positive crossover in the relative strength indicators after reaching deeply oversold territory, helping the pair withstand the surrounding negative pressures, at least temporarily.
More