Copper price neediness to the positive momentum led it to form more correction waves, to move away from $6.6600, to keep providing weak sideways trading by its stability near $6.3500 level.

The sideways trading might continue with potential test to the initial support at $6.1000, which forms confirmation key for the suggested trend in the near period, breaking the support and holding below it will push the price to resume the corrective attempts, which might target $5.8200 reaching $5.5000.

The expected trading range for today is between $6.1000 and $6.5100

Trend forecast: Bearish

Ethereum (ETHUSD) extended its decline in recent intraday trading amid a dominant short-term bearish trend. The price continues to move below the EMA50, reinforcing persistent downside pressure and limiting any meaningful recovery attempts.

Further weakness is supported by signals from the relative strength indicators, which are showing renewed bearish momentum after previously reaching overbought conditions. This increases the likelihood of continued losses in the near term.

Brent crude oil advanced in recent intraday trading after finding support at the EMA50, which provided a solid base and helped generate renewed bullish momentum.

Technical indicators are also improving, with the relative strength index forming a bullish divergence after previously reaching deeply oversold levels. This shift supports the emergence of positive signals and reinforces the short-term upward bias.

USDCHF has maintained a series of gains in recent intraday trading, supported by continued bullish momentum. The pair remains above the EMA50, which provides dynamic support and helps sustain the short-term uptrend.

At the same time, the relative strength indicators are beginning to form bullish signals after reaching oversold conditions. This suggests improving momentum and supports the potential for further upside in the near term.