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Copper price faces solid resistance – Forecast today – 12-2-2025
Copper price surrendered to the solid resistance formed at 4.6900$ to form correctional bearish rebound and activate the attempts for the expected profit gaining by targeting 4.5200$ level.
Now, stochastic exit from the overbought areas will increase the negative pressures on the price to expect forming additional correctional waves that might push it to reach 4.4600$ and 4.4000$ levels.
The expected trading range for today is between 4.4600$ and 4.6400$
Trend forecast: Bearish
Ethereum price (ETHUSD) is under the negative pressure – Forecast today - 12-02-2025
Ethereum price (ETHUSD) returns to decline after testing the minor bearish channel’s support line, to move below 2600.00$ barrier now, falling under continuous negative support coming by the EMA50, to head towards achieving more expected decline in the upcoming sessions.
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Bitcoin price (BTCUSD) presses on the support – Forecast today - 12-02-2025
Bitcoin price (BTCUSD) shows new negative trades to press on the key support 95195.00$, which represents 23.6% Fibonacci correction level for the rise measured from 52598.40$ to 108350.45$, falling under negative pressure formed by the EMA50.
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Soybean price awaits the break – Forecast today - 12-02-2025
Soybean price continues to fluctuate at 1052.40$ level and presses negatively on it, waiting to break this level to confirm opening the way to achieve more bearish correction on the intraday and short-term basis, as the next target reaches 1031.90$ areas.
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Economy Package (6 Months)
$959.00
Save 27% (instead of $1,314)
Economy Package (1 Year)
$1,439.00
Save 45% (instead of $2,628)
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Elite Trader Access (3 Months)
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VIP Trader Subscription (6 Months)
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