Platinum price took advantage of its stability above the MA55 to move away from 50% Fibonacci correction level at 950.00, to notice providing new bullish waves to approach the key resistance at 992.00.

The price might form some sideways fluctuation, while we expect to get continuous positive momentum to breach the targeted resistance and manage to settle within the bullish channel again, followed by starting to target new positive stations by rallying towards 1015.00 and 1040.00.

The expected trading range for today is between 960.00 and 992.00

The expected trend for today: Bullish

Copper price provided more sideways fluctuation, attempting to face stochastic negativity, to keep the positive stability above the major support 3.6700, expecting the continuation of the sideways bias domination until succeeding to surpass 3.8500 barrier to manage to start recording additional gains by targeting 3.9200 level first, followed by attempting to press on 4.0200 level in order to find a way to resume the bullish attack for the upcoming period.

The expected trading range for today is between 3.7000 and 3.9200

The expected trend for today: Bullish

Wheat price keeps declining to reach 600.00 barrier, waiting for more bearish bias to achieve our main expected target at 580.20, supported by the negative pressure formed by the EMA50.

Holding below 626.00 represents initial condition to continue the bearish wave, noting that surpassing the targeted level will push the price to suffer additional losses that reach 560.00 areas.

The expected trading range for today is between 590.00 support and 610.00 resistance.

The expected trend for today: Bearish

Sugar price shows sideways trades since yesterday, and it needs to gather positive momentum that assist to push the price to resume the bullish wave that targets 26.00 followed by 26.80 levels as next main stations.

Until now, the bullish trend scenario still valid as long as 25.25 level remains intact, as breaking this level represents negative factor that will push the price to return to the correctional bearish track again.

The expected trading range for today is between 25.40 support and 26.10 resistance

The expected trend for today: Bullish