Copper price ended the last bullish rally by recording $6.3650 level, holding below the main barrier at $6.5100, announcing its readiness to renew the bearish corrective attempts by reaching $6.1100.

The price needs a new negative momentum to reinforce the chances of resuming the negative attempts, to reach $6.0500, repeating the pressure on the barrier at $5.9000 to find chances for targeting new corrective stations that might begin at $5.7800.

The expected trading range for today is between $5.9000 and $6.2500

Trend forecast: Bearish

(ETHUSD) settles with series of consecutive losses in its latest intraday levels, attempting to look for higher low to use it as a base to help it gain the required bullish momentum to recover and rise again, leaning on the key support at $1,840, amid the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the stability and dominance of the main bullish trend on the short-term basis, noticing the emergence of positive crossover on the relative strength indicators after reaching exaggerated oversold levels compared to the price action, to suggest forming a positive divergence.

Brent crude oil kept fluctuating in its recent intraday trading, attempting to gain bullish momentum that might lead it to breach the key resistance at $86.00, amid the dominance of the bullish corrective trend on the short-term basis, with its trading alongside supportive trend line, besides the continued dynamic support due to its trading above EMA50, which reinforces the chances of the recovery in the near period, especially with the emergence of positive crossover on the relative strength indicators.

The USDCHF pair settles on series of consecutive gains on its last intraday levels, surpassing the resistance of EMA50, to get rid of its negative pressure, opening the way for achieving more gains in the near upcoming period, amid the dominance of the main bullish trend on the short-term basis, on the other hand, we notice the emergence of negative overlapping signals on the relative strength indicators, which might reduce the rise and we might witness some sideways fluctuation to offload these overbought conditions.