Copper price ended the last corrective trading by reaching $5.5900 level, to keep its stability above $5.5100 support, attempting to surpass the negative pressure to notice its rally towards $5.7300.

Note that the main indicators contradiction might tpush the price to provide unstable mixed trading, noting that holding below $5.9700 barrier supports the chances of resuming the corrective attempts in near and medium period.

The expected trading range for today is between $5.5500 and $5.8500

Trend forecast: Fluctuating

The (ETHUSD) price rose slightly in its last intraday trading, to keep fluctuating in limited range of sideways trading, amid the continuation of the negative pressure due to its trading below EMA50, reinforcing the stability and the strength of the main bearish trend on short-term basis, on the other hand, we notice the emergence of positive overlapping signals from relative strength indicators after reaching oversold levels, which helped the price to settle temporarily.

The (Brent) price kept rising in its last intraday trading, amid the dominance of the short-term main bullish trend, with its trading alongside supportive trend line for this track, taking advantage of its continued trading above EMA50, reinforcing the chance of extending its gains in the upcoming period. The rise came despite the stability of the relative strength indicators in overbought levels as a clear signal for the dominance of the buying powers on the price movement.

The (USDCHF) price rose in its last intraday trading, amid the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the stability and dominance of the bullish corrective trend on short-term basis, especially with its trading alongside supportive trend line for this track, on the other hand, we notice the emergence of negative signals from relative strength indicators, after reaching overbought levels that might reduce the upcoming gains.