Copper price continued forming bullish trading, as the negative pressure repeated at $6.3000, attempting to find a chance for recording extra gains in the near period, and the price needs to provide a new close above the current barrier, to reinforce the chances of forming a new bullish rally, to expect reaching $6.4800 followed by $6.5400.

Note that the main indicators will support the bullish scenario in the current trading, to keep waiting for recording the previously suggested expected gains, while the risk of the price return to the bearish corrective trend requires a sharp decline, to settle below $5.9500 level.

The expected trading range for today is between $6.2500 and $4.4800

Trend forecast: Bullish

(ETHUSD) declined in its latest intraday levels, affected by the stability of the resistance at $1,935, which represents our last expected targets in our previous analysis, to gather its previous rises, attempting to offload some of its overbought conditions on the relative strength indicators, especially with the emergence of the negative signals from them, amid the continuation of the dynamic support that is represented by its trading above EMA50, which reinforces the stability and dominance of the main bullish trend on the short-term basis.

Brent crude oil is fluctuating in its recent intraday trading, amid the attempts to gain bullish momentum that might help it to breach $86.00 resistance, taking advantage of the dynamic support that is represented by its trading above EMA50, with the emergence of the positive signals from the relative strength indicators, after offloading its overbought conditions, which supports targeting new resistance levels in the near upcoming period, with the dominance of the bullish corrective trend on the short-term basis.

The USDCHF pair rose in its last intraday trading, affected by breaking a main bullish trend line on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, reducing the chances of full recovery in the near upcoming period, attempting to recover some of its previous losses, attempting to offload some of its clear oversold conditions on the relative strength indicators, especially with the emergence of positive crossover.