Copper price failed to surpass $4.8100, which forces it to activate the attempts to gather the gains, to reach $4.7400 to gather the required extra positive momentum to confirm the bullish scenario in the current period trading.

Depending of forming extra support at $4.6600 level, to wait for renewing the bullish attempts, surpassing $4.8100 level makes us expect to reach 68.1%Fibonacci correction level at $4.8900.

The expected trading range for today is between $4.700 and $4.8100

Trend forecast: Bullish

The (ETHUSD) price declined in its last intraday trading, due to its stability below the resistance at $2,585, with the emergence of the negative signals on the (RSI), attempting to gain a positive momentum that might assist it to recover and breaching this resistance, to lean on the support of its EMA50, accompanied by its lean on a bullish trend line on the short-term basis.

The (Brent) price declined in its last intraday trading, after reaching the resistance of its EMA50, with the emergence of the negative signals on the (RSI), after reaching overbought levels previously, affected by breaking a bullish correctional trend line previously on the short-term basis.

The (Silver) price declined in its last intraday trading, with the emergence of the negative signals on the (RSI), after reaching overbought levels, amid the dominance of the bullish trend on the short-term basis and its trading alongside a bias line, with the continuation of the dynamic support that is represented by its trading above its EMA50, attempting to gain the required positive momentum to breach the stubborn resistance level at $33.70.