Copper price remains under the influence of the bearish corrective scenario, as it continues to stabilize below the resistance level at $6.6000. Recent trading has been slow, with the price reaching the $6.2300 level.

To confirm the negative outlook for the upcoming sessions, the price needs to reach the additional support level at $6.1000. A successful break below this support would pave the way for new corrective targets, with the price expected to move toward $5.9200 and then $5.8000.

The expected trading range for today is between $6.1000 and $6.5000

Trend forecast: Bearish

(ETHUSD) is showing cautious gains during recent intraday trading, attempting to recover part of its previous losses while easing some of the clear oversold conditions reflected by relative strength indicators, especially with positive signals beginning to emerge.

However, the price remains affected by the breakdown of a short-term ascending corrective trendline, along with continued negative pressure from trading below the EMA50, which increases the possibility of further declines in the near term.

Brent crude oil remains under limited and cautious gains during recent intraday trading, recovering part of its previous losses. The price has also eased its oversold conditions on relative strength indicators, which have now moved into overbought territory compared with price action. This suggests the beginning of a negative divergence, adding further downside pressure, especially with the indicators starting to show a bearish crossover.

Meanwhile, the price continues to face negative pressure from trading below the EMA50, while the short-term bearish trend remains dominant, limiting the chances of a sustained recovery.

The USDCHF pair continued its upward movement during recent intraday trading, supported by its sustained trading above the EMA50, which reinforces the dominance of the short-term bullish trend. The pair is also moving along an ascending trendline that supports this positive path.

However, relative strength indicators have started to show a negative crossover after reaching overbought levels, which may limit the pace of gains in the near term as the pair attempts to ease some of its buying pressure.