Copper price surrendered to the stability of 4.6800$ barrier to force it to activate the bearish track again by crawling below 50% Fibonacci correction level and settling near 4.4900$.
Stochastic attempt to provide the negative momentum increases the negative pressures, to expect suffering additional losses by moving towards 4.4100$ followed by reaching the MA55 at 4.3200$.
The expected trading range for today is between 4.4100$ and 4.5600$
Trend forecast: Bearish
Ethereum price (ETHUSD) managed to break 2356.50$ and closed the daily candlestick below it, to support the expectations of continuing the bearish trend in the upcoming sessions, organized inside the bearish channel that appears on the chart.
Bitcoin price (BTCUSD) faced strong negative pressures yesterday after confirming breaking 87055.00$ level, and surpassed our first negative target at 84215.00$ to confirm the continuation of the bearish trend domination in the upcoming sessions, waiting to test 80474.40$ as a next station.
The USDCHF price shows positive trades to retest the broken neckline of the double top pattern, and the EMA50 meets this resistance to add more strength to it, while stochastic loses its positive momentum again.