Copper price provided corrective trading targeting $5.4600 level, rebounding to settle above the extra support at $5.5100 level, announcing the stability of the previously suggested bullish scenario.

Gathering extra bullish momentum is important for reinforcing the positive stability, then begin targeting some positive stations by reaching $5.8000 followed by %2.00 Fibonacci extension level at $5.9700.

The expected trading range for today is between $5.5500 and$5.8000

Trend forecast: Bullish

The (ETHUSD) price declined in its last intraday trading, after witnessing fluctuating trading yesterday to settle below EMA50, forming dynamic negative pressure that reinforces the chances of deepening the losses in the upcoming period, especially when breaking$2,900 key support, on the other hand, we notice the emergence of positive overlapping signals on the relative strength indicators, after reaching oversold levels, forming a factor to help the price reverse these expectations by a sudden rise.

The (Brent) price rose in its last intraday trading, amid the dominance of bullish corrective wave on the short-term basis, with its trading alongside supportive trend line for this trend, besides the continuation of the positive pressure due to its trading above EMA50, on the other hand, we notice the emergence of the negative signals from the relative strength indicators after reaching overbought levels, which might reduce the upcoming gains.

Silver price rise in its last intraday trading, after its attempts to look for rising low to take it as a base to help it gain the required bullish momentum for its return to rise, amid the continuation of the dynamic support that is represented by its trading above EMA50, and under the dominance of the main bullish trend on the short-term basis and its trading alongside supportive trend line for this track, besides the emergence of the positive signals from the relative strength indicators, after reaching oversold levels, exaggeratedly compared to the price move, indicating the beginning of forming positive divergence.