Platinum price gained strong positive momentum yesterday to notice forming new bullish wave, attempting to press on 990.00 level in order to find a way to resume the bullish attack that targets 1025.00 level mainly, followed by reaching 1055.00 in the upcoming period.

We remind you that it is important to hold above the initial support 950.00 to reinforce the bullish overview and confirm blocking the price within the bullish range until reaching the suggested targets.

The expected trading range for today is between 970.00 and 1025.00

The expected trend for today: Bullish

Copper price continued to fluctuate below 2.8400 barrier, attempting to confirm the breach to increase the chances of renewing the bullish attempts in the near term and medium term period, noting that the continuous attempts of the major indicators to provide the additional positive momentum will assist to confirm moving to the bullish track that targets 2.9000 followed by 3.0200 levels.

The risks of the surrender to the negative trades will appear in case the price declined below 2.7500, to increase the chances of suffering losses that might start at 2.7000 and 2.6250 levels.

The expected trading range for today is between 2.8000 and 2.9000

The expected trend for today: Bullish

Wheat price succeeded to surpass our first waited target at 567.6 and settled above it, to build support base above this level that reinforces the chances of continuing the bullish trend on the short term basis, noting that our next station is located at 578.2.

Therefore, the bullish trend scenario will remain active for the upcoming period, organized inside the bullish channels that appear on the chart, noting that breaking 567.6 will press on the price to test 558.0 areas before any new attempt to rise.

The expected trading range for today is between 565.0 support and 580.0 resistance.

The expected trend for today: Bullish

Sugar price provided clear negative trades yesterday to retest the breached resistance of the bullish channel that appears on the chart, as the price kept its stability above this level that turns into key support at 14.14 and resumed its positive trading, to keep the bullish trend scenario valid for the upcoming period, which its next main target located at 15.00.

Therefore, we are waiting for more rise on the intraday and short term basis conditioned by the price stability above 14.14.

The expected trading range for today is between 14.14 support and 14.45 resistance

The expected trend for today: Bullish