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Copper price repeats the fluctuation above the support– Forecast today – 28-8-2025

Economies.com
2025-08-28 07:19AM UTC
AI Summary
  • Copper price facing stochastic negativity but expected to renew bullish attempts, targeting $4.6200
  • Risk of changing main trend with sharp decline below support towards $4.0750
  • Expected trading range for today between $4.3000 and $4.6200, trend forecasted as bullish

Copper price faced stochastic negativity by its stability above the extra support at $4.2600, keeping the chances for renewing the bullish attempts, while gathering the bullish momentum makes us expect targeting $4.6200, pressing on the barrier near $4.7500 to find an exit to resume the bullish attempts.

 

While the risk of changing the main trend is represented by forming a sharp decline, to settle below the support of the bullish channel towards $4.0750, which forces it to suffer several losses by reaching $3.9200 initially.

 

The expected trading range for today is between $4.3000 and $4.6200

 

Trend forecast: Bullish

The (ETHUSD) gets some support-Analysis- 28-08-2025

Economies.com
2025-08-28 03:36AM UTC

 The (ETHUSD) price rose in its last trading on the intraday levels, due to its lean on the support of EMA50, gaining some positive momentum that helped it to stop the losses bleeding that came due to the stability of the current resistance at $4,575, supported by the emergence of the negative signals on the (RSI), after reaching overbought level, to succeed in offloading this oversold condition, amid the dominance of the main bullish trend and its trading alongside a bias line on the short-term basis.

 

 

 

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Brent crude oil attempts to offload its overbought condition- Analysis-28-08-2025

Economies.com
2025-08-28 03:33AM UTC

The (Brent) price declined on its last intraday levels, gathering the gains of its yesterday’s rise after the stability of the critical support level at $66.65, and its lean on the support of its EMA50, amid the dominance of the bullish correctional trend on the short-term basis, and its trading alongside a supportive bias line for this trend, and attempting to offload some of its clear overbought conditions on the (RSI), especially with the emergence of negative overlapping signals, gathering its positive strength that might assist it to rise again.

 

 

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Silver Price attacks stubborn resistance-Analysis-28-08-2025

Economies.com
2025-08-28 03:30AM UTC

The (silver) price rose in its last trading on its intraday levels, taking advantage of the dynamic support that is represented by its trading above EMA50, with the emergence of the positive signals on the (RSI), despite reaching overbought levels, which might reduce the upcoming gains, attacking the critical stubborn resistance level at $38.70, depending in the dominance of the bullish trend and its trading alongside a minor bias line on the short-term basis.

 

 

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