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Copper price fluctuates below the moving average – Forecast today – 13-9-2024
Copper price still stable below the MA55 until this moment, which forms additional barrier at 4.2400$, to reinforce the chances of activating the previously suggested negative track, also, stochastic reach to the overbought areas confirms getting rid of the negative pressures, to expect the beginning of forming some bearish waves to target 4.0250$ followed by reaching 3.9000$, reminding you that breaching 4.3200$ resistance will cancel the negative overview and open the way to achieve some gains before reaching the waited negative stations.
The expected trading range for today is between 4.0250$ and 4.2400$
Trend forecast: Bearish
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Ethereum price (ETHUSD) within tight range – Forecast today - 13-09-2024
Ethereum price (ETHUSD) didn’t show any strong move yesterday, to continue fluctuating around the EMA50, thus, no change to the expected bullish trend scenario on the intraday basis, and the price needs to get positive motive to assist to achieve our targets that start at 2545.00$ and extend to 2623.77$.
MoreBitcoin price (BTCUSD) hits the first target – Forecast today - 13-09-2024
Bitcoin price (BTCUSD) managed to touch our first waited positive target at 58480.00$, showing tight trades around 58000.00$ now, waiting to gather positive momentum that push the price to resume the bullish trend that its next target reaches 60326.70$.
MoreWheat price approaches the target – Forecast today - 13-09-2024
Wheat price provided additional positive trades yesterday to approach the waited target at 599.00$, and continues to move inside the bullish channel that supports the chances of surpassing the mentioned level and achieve more bullish correction on the intraday and short-term basis, to extend the targets towards 623.70$.
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