Copper price takes advantage of the moving average’s positive signal – Forecast today – 17-9-2026

Ethereum (ETHUSD) rose in its latest intraday trading after the pivotal $2,400 support level held firm, providing the price with some positive momentum. This momentum was reinforced by positive signals from the relative strength indicators, allowing the price to recover part of its previous losses. However, a short-term bearish corrective wave remains in control, with continued negative pressure stemming from trading below EMA50, which acts as dynamic resistance and limits the chances of a full recovery in the near term.

Brent crude oil edged higher during its latest intraday trading, after finding support at EMA50, which provided the price with positive momentum and helped it rebound to achieve these gains. This comes especially as positive signals begin to emerge from the relative strength indicators after reaching deeply oversold levels, increasing the chances of a near-term recovery, particularly with the dominance of the main bullish trend and price moving along a minor trendline supporting this bullish path in the short term.

USDCHF surged higher during its latest intraday trading, reaching the 0.8250 resistance level, which was our latest price target for the pair in our previous analyses. The short-term main uptrend remains firmly in control, with price moving along a trendline supporting this bullish path. In addition, the positive pressure resulting from trading above EMA50 continues to provide the pair with dynamic support, reinforcing the chances of extending these gains in the near term, especially with positive signals emerging from the relative strength indicators.