Copper price delayed the bullish rally due to the negative pressure that comes by a stochastic approach from 50 level, suffering some extra losses by hitting $4.6000 level, attempting to settle above the moving average 55.

The contradiction between the main indicators might force the price to provide sideways trading, but the repeated stability below 6.8%Fibonacci correction level at $4.8100 represents a main factor that confirms the bearish correctional bias dominance, to keep waiting for resuming the decline and targeting $4.5000 level in the near period.

The expected trading range for today is between $4.5000 and $4.7000

Trend forecast: Bearish

The (ETHUSD) price rose in its last intraday trading, approaching from the stubborn critical resistance level at $2,730, supported by its continuous trading above its EMA50, and its moves alongside the bullish trend line on the short-term basis, noticing the emergence of the positive signals on the (RSI), after reaching oversold levels.

The (Brent) price rose in its last intraday trading, surpassing the negative pressure of the EMA50, accompanied by breaching the current resistance at $64.50, amid the bullish correctional trend on the short-term basis, despite the beginning of the negative signals on the (RSI), after reaching overbought levels, which indicates the domination of the buying strength.

The (silver) price declined in its last intraday trading, surpassing the support of its EMA50, affected by the negative pressure that led it to extend its losses, to lean on the support of a bullish trend line on the short-term basis, which assisted it to decrease its early losses, especially with the appearance of the positive overlapping signa on the (RSI), after reaching oversold levels.