Platinum price formed a new negative attack, reaching $2092.00 level, to approach the suggested target in our previous analysis, to rebound positively testing %50 Fibonacci correction level at $2162.

Note that the last bullish rebound will not affect the main bearish track, due to the stability below $2210.00, which makes us wait for gathering extra negative momentum to target $2080.00 level, reaching towards $2010.00 barrier.

The expected trading range for today is between $2080.00 and $2170.00

Trend forecast: Bearish

Copper price formed some bearish waves, achieving $2.7000 level, which forced it to provide mixed trading due to the continuation of the main indicators’ contradiction, to rebound towards $5.7850.

In general, we will keep our bearish scenario, depending on the stability of the barrier at $5.9700, confirming the importance of gathering extra negative momentum currently to ease the mission of resuming the negative attack by reaching $5.6200 initially, then press on the next support at $5.5100.

The expected trading range for today is between $5.5100 and $5.8500

Trend forecast: Bearish

The (ETHUSD) price settles on a decline in its last intraday trading, in attempt to gain bullish momentum that might help it to recover and rise again, amid the dominance of bullish corrective wave on short-term basis, with its trading alongside supportive minor trend line for this path, besides the continuation of the dynamic pressure due to its trading above EMA50, noticing the emergence of positive divergence on relative strength indicators, after reaching oversold levels, exaggeratedly compared to the price move, with the emergence of positive overlapping signals from them.

The (Brent) price declined in its last intraday trading, due to the stability of $85,00 resistance, which represents a potential target in our previous analysis, attempting to gain bullish momentum that might help it to breach this resistance, attempting to offload some of its overbought conditions on the relative strength indicators, amid the continuation of the positive pressure due to its trading above EMA50, reinforcing the stability and dominance of the main bullish trend on short-term basis.