Copper price hasn’t moved anything since yesterday, due to its fluctuation below $5.9700 barrier, announcing its surrender to the sideways bias dominance, forming weak trading by its stability near $5.9000.

The continuation of the main indicators contradiction might push the price to provide more sideways trading, and its rally above the barrier and holding above it will open the way for recording extra gains, which might begin at $6.1200 and $6.2400.

The expected trading range for today is between $5.8500 and $6.1200

Trend forecast: Bullish

The (ETHUSD) price declined in its last intraday trading, attempting to gain bullish momentum that might help it to reach the key resistance at $2,100, taking advantage of the dynamic support that is represented by its trading above EMA50, under the dominance of bullish corrective wave on short-term basis, besides the emergence of positive signals from relative strength indicators, reinforcing the renewed bullish momentum.

The (Brent) price rose in its last intraday trading, after gathering the gains of its previous rises, and offloading its overbought conditions on relative strength indicators, gaining bullish momentum that helped it to achieve these gains, preparing to attack the main resistance at $80.00, which was an expected target in our previous analysis, with the continuation of the dynamic support that is represented by its trading above EMA50, with the dominance of the main bullish trend on short-term basis.

The (USDCHF) price settles on strong gains in its last intraday trading, preparing to attack the key resistance at 0.7815, taking advantage of the dynamic support that is represented by its trading above EMA50, under the dominance of the bullish corrective trend on short-term basis, with its trading alongside supportive trend line for this track, on the other hand, we notice the emergence of negative overlapping signals on relative strength indicators, after reaching overbought levels, which reduces the upcoming gains.