Copper price settled again above the extra support level near $6.1000, benefiting from providing positive momentum that comes from stochastic, forming some bullish waves to press on the barrier at $6.4000, to form a key for resuming the bullish trend.

Providing positive momentum by the main indicators makes us wait for breaching the barrier and holding above it, to reinforce the chances of recording extra gains that might begin from $6.5600 reaching the next main target near $6.7500.

The expected trading range for today is between $6.2500 and $6.5600

Trend forecast: Bullish

Ethereum declined in recent intraday trading, reflecting the dominance of the short-term bearish trend. Price action continues to move along a descending trendline, while trading below the EMA50, which reinforces ongoing downside pressure.

At the same time, relative strength indicators are starting to show a positive crossover after reaching oversold territory. This may help slow the pace of further declines, but it is not yet strong enough to reverse the overall bearish structure.

Brent crude oil surged in recent intraday trading after holding firmly above the key support level at $90.00, which previously acted as a downside target. This support triggered a rebound, helping the price recover part of its earlier losses and easing oversold conditions on the relative strength indicators.

However, the broader technical picture remains negative. The price continues to trade below the EMA50, maintaining pressure from the dominant short-term corrective downtrend and limiting the strength of the current rebound.

USDCHF rose in recent intraday trading, finding temporary support at 0.7810 as it attempts to recover part of its previous losses. This rebound is also supported by easing oversold conditions on the relative strength indicators, which are beginning to show early positive signals.

However, the broader technical outlook remains under pressure. The pair continues to trade below the EMA50, while the break of a short-term ascending trendline reinforces the bearish bias and limits the strength of any recovery attempts.