Copper price returned to form weak sideways trading due to the contradiction between the main indicators, by stochastic reach below 50 level, which forces it to settle below $5.2000, announcing its readiness to activate the bearish corrective trend again.

Facing negative pressure in the current period might force it to attack the extra support near $4.7500 and surpassing it might extend the losses towards $4.6300 reaching the moving average 55 at $4.4600.

The expected trading range for today is between $4.7500 and $5.1200

Trend forecast: Bearish

The (ETHUSD) price rose in its last trading on the intraday levels, amid the continuation of negative dynamic pressure that is represented by its trading below EMA50, reinforcing the stability and the dominance of the main bearish trend on the short-term basis, especially with its trading alongside minor trendline, besides the emergence of the negative signals on the relative strength indicators, after the stability of the key support at $3,060, this support represents potential target in our previous reports, which helped it to achieve these cautious gains.

The (Brent) price witnessed strong losses in its last intraday trading, surpassing the support of its EMA50, putting it under negative pressure, especially with the emergence of the negative signals on the relative strength indicators, after reaching overbought levels, besides the dominance of the main bearish trend on a short-term basis.

Silver price rose in its last intraday trading, due to its leaning o the support of its EMA50, gaining some bullish momentum that helped it to achieve these gains, accompanied by testing minor bullish trend line on the short-term basis, reinforcing this momentum, on the other hand, we notice the emergence of negative signals on the relative strength indicators, despite its stability in oversold levels, which might reduce the gains of the upcoming gains.