Copper price remains affected by the temporary sideways track by its continuous fluctuation near $4.7800 without recording any of the extra positive targets, but its repeated stability above the extra support at $4.6600 and the attempt of the main indicators unionism in providing positive momentum, these factors assist to motivate the bullish attempts that target $4.8900 level, reaching the next main target at $5.0300.

The expected trading range for today is between $4.7000 and $4.8900

Trend forecast: Bullish

The (ETHUSD) price settled low in its last intraday trading, duet o the stability of the current resistance at $2,640, accompanied by reaching the resistance of EMA50, which increases the negative pressure on the price, to attempt to gain positive momentum that might assist it to surpass this negative pressure, and it is attempting to offload some of its clear overbought conditions on the (RSI), especially with the emergence of the negative signals from them, to lean on the support of a main bullish trend line on the short-term basis.

The (Brent) price settled with a rise in its last intraday trading, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, with the emergence of the positive signals on the (RSI), after reaching oversold levels, supported by the continuation of its trading above its EMA50, reinforcing the positive momentum around it, to get ready to attack its current resistance at $74.70.

The (silver) price kept fluctuating in its last intraday trading, taking advantage of the continued dynamic support due to its trading above the EMA50, supported by the emergence of the positive signals on the (RSI), after reaching oversold levels, this comes amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, the price attempts to gain the required positive momentum to recover.