No news for copper price that continues to provide sideways trades within the bullish channel due to the continuous contradiction between the major indicators, to notice its consolidation near 4.6100$ now.

We will keep our bullish overview that depends on the stability of the additional support line at 4.5400$ to manage to form bullish waves and target 4.6800$ level, followed by reaching 4.8100$ barrier, while breaking the additional support and holding below it will force the price to activate the correctional decline to target the bullish channel’s support line at 4.4150$.

The expected trading range for today is between 4.5500$ and 4.6800$

Trend forecast: Bullish

Ethereum price (ETHUSD) bounced downwards strongly yesterday to surpass the first negative target at 1965.00$ and succeed achieving the second target at 1850.00$, and we suggest the continuation of the bearish bias to head towards 1700.00$ levels as a next negative station.

Bitcoin price (BTCUSD) managed to confirm breaking 80474.40$ after ending yesterday below it, reinforcing the expectations of continuing the bearish trend in the upcoming period, opening the way to head towards our next negative target that extends to 73900.00$.

Wheat price rose yesterday to reach few pips away from our waited target at 568.50$, reminding you that the price is affected by the previously completed double bottom pattern, which has positive targets that surpass the mentioned level to reach 580.00$ areas.