Copper price activated the bearish corrective trend, to notice its attempt to settle below $6.1000 support, which formed the initial target in the previous report.

The continuation of facing negative pressures might allow it to confirm breaking the current support, to open the way for targeting more correctional stations, which might begin at $5.9200 and $5.8000, if the price remains at $6.3200 level in the current period.

The expected trading range for today is between $5.9200 and $6.1850

Trend forecast: Bearish

Ethereum (ETHUSD) declined slightly during recent intraday trading after easing its oversold conditions on relative strength indicators, which reduced the positive momentum that had helped it recover part of its previous losses. The price remains affected by its earlier break below a short-term corrective uptrend line, while continued trading below its EMA50 adds further negative pressure.

Brent crude oil declined during recent intraday trading, with negative signals returning from relative strength indicators after the price eased its previous oversold conditions. This provides room for further losses in the near term, especially as negative pressure persists from trading below its EMA50, which limits recovery attempts while the short-term bearish trend remains dominant.

USDCHF rose during recent intraday trading, supported by the dominance of the main short-term bullish trend. The pair continues to receive dynamic support from trading above its EMA50, which reinforces the potential for further gains, especially with positive signals emerging from relative strength indicators after easing part of its previous overbought conditions.