Copper price ended the bullish rally by reaching $6.6300 level, forcing it to provide some corrective waves by reaching $6.3750, due to stochastic exit from the overbought level to delay the bullish rally temporarily.

While the main stability above $6.1000 support forms a main factor to confirm the continuation of the positivity in the upcoming trading, therefore, we will keep waiting for gathering new momentum, to attempt to form a new support at $6.2500 level, to reinforce the chances of renewing the bullish attempts to target $6.7500 reaching $6.9400.

The expected trading range for today is between $6.2800 and $6.5500

Trend forecast: Fluctuating

Ethereum (ETHUSD) remains under pressure during recent intraday trading, extending its losing streak after breaking below the $1,800 support level, which had previously been identified as a downside target. This breakdown confirms sustained bearish momentum and reinforces the dominance of sellers in the short-term trend.

The pair continues to trade below the EMA50, which strengthens the prevailing downtrend, while relative strength indicators have begun issuing fresh negative signals after earlier oversold conditions were partially relieved. This adds further downside pressure on price action.

Brent crude oil declined in recent intraday trading after failing to break through the key resistance level at $97.00. The pullback comes amid negative signals from the relative strength indicators following a period of overbought conditions, suggesting a temporary corrective move.

Despite this decline, the broader technical outlook remains positive. The price continues to benefit from trading above the EMA50, which supports the short-term uptrend, alongside its exit from a short-term descending corrective channel, reinforcing the potential for renewed upside momentum.

USDCHF declined in recent intraday trading as the pair entered a profit-taking phase after previously breaking above the 0.7900 resistance level, which had been identified as a prior price target. The pullback reflects an attempt to ease overbought conditions on the relative strength indicators, which have started showing early negative signals.

Despite this correction, the broader technical outlook remains bullish. The pair continues to trade above the EMA50, supporting the short-term upward trend, which remains strong and intact.