Copper price provided slow trading recently, due to the contradiction between the main indicators, to delay the negative attack and settles near $4.7500 level, reminding you that the bearish scenario will remain valid by the continuation of forming main barrier at $4.9100 against the current trading, which increases the chances for forming bearish waves to press on 50%Fibonacci correction level at $4.6600, and breaking it will extend the losses towards $4.5600, to face the moving average55.

The price rally above the mentioned barrier and holding above it, will confirming delaying the negative attack, and provide chances for recording some extra gains before reaching the previously waited negative targets.

The expected trading range for today is between $4.6600 and $4.8400

Trend forecast: Bearish

Bitcoin (BTCUSD) rose in its recent intraday trading, compensating for some of its early losses, with its attempts to gain positive momentum that might assist in recovering and rising again, amid the dominance of the main bullish trend on a short- term basis and its trading alongside trendline.

The price is supported by its continuous support above its EMA50, with the emergence of positive signals on the (RSI), after reaching oversold levels.

Ethereum (ETHUSD) declined in its recent intraday trading, due to the stability of the main key resistance at $1,800, after a second failed attempt, showing negative behavior that suggests losing the positive momentum.

That came amid the price trading alongside a bullish correctional trendline on a short-term basis, with the continuation of the positive support that comes from its trading above its EMA50.

Crude oil declined in its recent intraday trading, after testing a bearish trend on the short-term basis, putting the price under negative pressure that caused the rebound towards its support of its EMA50, which remains attempting to lean on it, to settle.

The price shows clear wean signs, with losing the positive momentum and it is not able to record new highs, accompanied by the emergence of negative overlapping signals on the (RSI), reinforcing the possibilities for continuing the decline.