Platinum price formed new bullish wave yesterday, to press on 1120.00 resistance in order to find a way to resume the bullish attack in the upcoming period.

We recommend waiting to achieve the required breach to avoid any sudden negative rebound that might lead to unexpected losses followed by waiting to record the additional targets located around 1160.00 and 1190.00 levels.

The expected trading range for today is between 1100.00 and 1160.00

The expected trend for today: Bullish

Copper price trades extended towards the second positive target at 3.7000, to confirm surrendering to the bullish bias domination and increase the chances of resuming the bullish attack to target 3.7900 that might form solid barrier against it in the upcoming period.

Note that stochastic continuous fluctuation within the overbought areas along with 3.6100 level forming additional support will confirm the preparation to resume the rise and wait to reach the mentioned next target.

The expected trading range for today is between 3.6500 and 3.7900

The expected trend for today: Bullish

Wheat price begins providing positive trades and rebounds bullishly after reaching the thresholds of the key support 636.60, which supports the continuation of the main bullish trend scenario, which its targets begin by surpassing 660.00 to open the way to head towards 675.00 as a next positive station.

Therefore, we will continue to support the bullish trend for the upcoming period conditioned by the price stability above 636.60.

The expected trading range for today is between 636.00 support and 660.00 resistance.

The expected trend for today: Overall Bullish

Sugar price ended yesterday with clear negativity to approach testing the main bullish channel’s support line, and the price needs to consolidate above this support –located now at 14.87- to keep the bullish trend scenario active for the upcoming period, waiting to head towards 16.00 as a next main station.

The EMA50 continues to support the suggested bullish wave, noting that breaking 14.87 and holding below it will press on the price to start correctional bearish wave on the intraday basis.

The expected trading range for today is between 14.95 support and 15.50 resistance

The expected trend for today: Bullish