Copper price provided weak sideways fluctuation yesterday by its stability below $6.5100 level, which represents a confirmation key for the expected trend in the upcoming trading, the continuation of providing positive momentum by the main indicators makes us wait for achieving the required breach, to reinforce the chances of targeting extra positive stations, which are located near $6.6100 and $6.7300.

The failure of the breach will force the price to provide mixed trading with a chance of declining towards $6.2500 before any attempt tp reach the previously suggested targets.

The expected trading range for today is between $6.3500 and $6.6100

Trend forecast: Bullish

(ETHUSD) declined slightly in its latest intraday trading, due to the stability of the key resistance level at $1,935, , attempting to gain bullish momentum that might help it to breach this resistance, amid the continuation of the dynamic support that is represented by its trading above EMA50, which reinforces the stability and dominance of the main bullish trend on the short-term basis, with the trading alongside supportive trend line and reinforces the likelihoods of breaching this level.

Brent crude oil kept rising in its recent intraday trading, with the emergence of positive overlapping signals from the relative strength indicators after offloading the overbought conditions, opening the way for extending the gains in the near coming period, amid the dominance of the bullish corrective trend on the short-term basis, with the continuation of the positive pressure that comes from its trading above EMA50, intensifying the positive pressures.

The USDCHF pair settles high in its last intraday trading, amid the attempts of breaching the key stubborn resistance at 0.8140, with the emergence of positive signals on the relative strength indicators, after offloading some of its overbought conditions, opening the way for breaching this resistance, especially with the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the stability and dominance of the main bullish trend on the short-term basis.