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Copper price is forced to decline – Forecast today – 17-2-2025

Economies.com
2025-02-17 05:22AM UTC

Copper price failed to resume the bullish attack after facing 4.8100$ barrier, to activate the correctional track by crawling towards 4.6200$ now.

 

The frequent stability below the mentioned barrier and stochastic attempt to provide the negative momentum support the domination of the correctional bias, to expect crawling towards 4.5600$ and 4.5200$ levels soon, while breaching the barrier will open the way to record new gains that might start at 4.8900$.

 

The expected trading range for today is between 4.5600$ and 4.7400$

 

Trend forecast: Bearish

Ethereum price (ETHUSD) needs negative motive – Forecast today - 17-02-2025

Economies.com
2025-02-17 04:19AM UTC

Ethereum price (ETHUSD) tested 2764.75$ again and bounced bearishly from there, to approach testing the minor support that appears on the chart, which is located at 2638.00$, and the price needs to break this level to confirm continuing the decline in the upcoming sessions.

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Bitcoin price (BTCUSD) crawls downwards – Forecast today - 17-02-2025

Economies.com
2025-02-17 04:19AM UTC

Bitcoin price (BTCUSD) provided positive trades in the previous sessions but it returns to decline and approach the key support 95195.00$, as it falls under the negative pressure formed by the EMA50, to support the chances of achieving more decline on the intraday basis.

Economies VIP Club

Wheat price achieves clear gains – Forecast today - 17-02-2025

Economies.com
2025-02-17 04:19AM UTC

Wheat price rallied upwards strongly in the previous sessions to breach 599.00$ level and settle above it, opening the way to return to the correctional bullish track to head towards achieving new gains that start by testing 623.70$ and extend to 648.40$ after succeeding to breach the previous level.

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