Copper price took advantage of its positive stability above the extra support level at $5.1300, activating with the positive factors, specifically providing bullish momentum by the main indicators near $5.4100.

Facing bullish pressures currently makes us expected forming new bullish rally to target $5.500 level, which formed the next main target of the bullish trading, and surpassing it might make it reach $5.6500.

The expected trading range for today is between $5.2800 and $5.5000

Trend forecast: Bullish

The (ETHUSD) price settled in its last intraday trading, due to its leaning on the support of its EMA50, gaining bullish momentum that intensified by the emergence of the positive signals on the relative strength indicators, after reaching oversold levels, amid the dominance of the bullish corrective trend on the short-term basis and its trading alongside supportive trend line for this track.

The (Brent) price rose in its last intraday trading, supported by the emergence of the positive signals on the relative strength indicators after reaching oversold levels, attempting to offload these conditions and recovering some of its previous losses, amid the dominance of the bearish trend on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, reducing the chances of sustainable recovery on the near-term basis.

Silver price fluctuated on its last intraday levels, gathering the gains of its previous rises, attempting to offload its overbought conditions on the relative strength indicators, especially with the emergence of the negative signals, gathering its positive strength that may help it to resume its gains on the near-term basis, amid the dominance of the main bullish trend on the short-term basis and its trading alongside main and minor trend line that supports the stability of this track.