Platinum price confirmed the correctional bullish track yesterday by rallying above 950.00$, to notice moving towards the MA55 at 973.00$ direct, to form intraday obstacle against the bullish attempts.

Stochastic continuous positive momentum will increase the positive pressures on the price, to expect rallying towards the main barrier at 983.00$ soon, followed by waiting the next close to manage to confirm the next trend.

The expected trading range for today is between 950.00$ and 983.00$

Trend forecast: Bullish

Copper price started to get he positive momentum to notice its stability above 4.000$ recently, attempting to record some gains by approaching the first target at 4.1500$.

The trades might extend bullishly soon, to test 4.2000$ barrier, which surpassing it will ease the mission of recording additional gains by moving towards 4.3300$, while turning back to fluctuate below 4.000$ might force it to activate the negative trades again, to expect crawling towards 3.9100$ first.

The expected trading range for today is between 4.000$ and 4.2000$

Trend forecast: Bullish

Ethereum price (ETHUSD) shows positive trades and attempts to recover and resume the bullish wave that started from 2356.50$ areas, as we notice that the price achieved temporary bearish correction to test 38.2% Fibonacci level at 3026.70$, waiting to breach 3185.00$ resistance line to confirm the continuation of the bullish wave and achieve new gains that start at 3325.00$ followed by 3440.00$.

Therefore, we expect to witness more rise in the upcoming sessions, noting that breaking 3026.70$ will put the price under additional correctional bearish pressure that its next target reaches 2900.00$ direct.

The expected trading range for today is between 3026.00$ support and 3280.00$ resistance.

Trend forecast: Bullish

Bitcoin price (BTCUSD) settles above 91000.00$ barrier, noticing that the price completed forming bullish pennant pattern that supports the chances of continuing the main bullish trend, waiting to record new historical levels that start at 94000.00$ and extend to 95500.00$.

Therefore, we will continue to suggest the bullish trend for the upcoming period, noting that breaking 89410.00$ will put the price under negative pressure to test 23.6% Fibonacci correction level at 87025.00$ before any new positive attempt.

The expected trading range for today is between 89000.00$ support and 94000.00$ resistance.

Trend forecast: Bullish

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