Copper price continued providing sideways trading, despite the positive factors to keep its fluctuating moves near the barrier at $5.3200, we will keep waiting to renew the bullish attempts by surpassing the current barrier to begin recording new gains by its rally towards $5.5000 reaching $5.6500 in the medium period trading.

Noting that the price decline below the extra support at $5.1300 will delay the bullish attack, which forces it to activate the corrective trading by suffering some losses by reaching $4.9500 and $4.7500.

The expected trading range for today is between 3.7500 and 4.0500

Trend forecast: Bullish

The (ETHUSD) price suffered sharp losses in its last intraday trading, due to the stability of the key resistance at $3,370, accompanied by forming negative divergence on the relative strength indicators, to slip lower after a journey to look for the required bullish momentum for its recovery, amid the continuation of the positive support due to its trading above EMA50, under the dominance of the bullish corrective trend on the short-term basis and its trading alongside main and minor trend lines that support this track.

The (Brent) price declined in its last intraday trading, after offloading big part of its previous losses, amid the continuation of the negative pressure due to its trading below EMA50, and under the dominance of the bearish trend on the short-term basis and its trading alongside trend line, accompanied by the emergence of negative overlapping signals on the relative strength indicators, after reaching overbought levels exaggeratedly compared to the price move, to indicate forming negative divergence.

Silver price continued the rise in its last intraday trading, breaching the current resistance at $61.50, supported by its continued trading above EMA50, forming dynamic support that keeps the stability and dominance of the main bullish trend on the short-term basis, especially with its trading alongside trend line, besides the emergence of positive signals on the relative strength indicators, after offloading its overbought levels, opening the way for achieving more of the gains on the near-term basis.