Copper price traded with clear negativity yesterday, to gradually approach our waited target at 4.3380$, reinforcing the expectations of continuing the bearish trend, noting that breaking this level will complete forming negative pattern that has negative target that extend to reach 4.0000$ followed by 3.6600$ on the short-term basis.

The continuation of the bearish wave depends on the price stability below 4.7000$, as breaching it will push the price to recover again and achieve gains that reach 5.0000$ areas.

The expected trading range for today is between 4.3000$ and 4.5500$

Trend forecast: Bearish

Ethereum price (ETHUSD) ended yesterday below 3132.80$, to fail confirming breaching this resistance and remain confined between the key levels represented by this resistance and 2905.30$ support, which makes us continue with our neutrality until now, noting that the price faces negative pressures now that might push it to test the mentioned support in the upcoming sessions.

Note that the continuation of the decline and breaking 2905.30$ support will push the price to suffer new losses on the intraday and short-term basis, to start by visiting 2765.00$ and extend to 2623.80$ areas, while breaching 3132.80$ resistance will push the price to recover and achieve positive targets that start at 3264.70$ followed by 3360.31$.

The expected trading range for today is between 2950.00$ support and 3200.00$ resistance.

Trend forecast: Neutral

Bitcoin price (BTCUSD) couldn’t manage to confirm breaching 58660.00$ level, to rebound bearishly and approach the key support 56160.00$, to remain stuck between these levels that represent the next trend keys, waiting to breach one of them to detect the next destination clearly.

We remind you that breaking the support will push the price to resume the main bearish trend and achieve negative targets that reach 51990.00$, while breaching the resistance represents the key to build bullish wave and achieve gains that start at 60325.00$ and extend to 63230.00$ as main positive stations.

The expected trading range for today is between 55000.00$ support and 59500.00$ resistance.

Trend forecast: Neutral

Sugar price resumed its negative trades clearly yesterday, to approach our first waited target at 19.32$, and we suggest the continuation of the bearish bias to visit 18.75$ areas as a next negative station.

Therefore, the bearish trend will remain valid and active for the upcoming period, noting that breaching 19.82$ will stop the current negative pressure and lead the price to attempt to build new bullish wave on the intraday basis.

The expected trading range for today is between 18.90$ support and 19.75$ resistance

Trend forecast: Bearish