Platinum price repeats providing positive closes above $1950.00 level, increasing the chances of renewing the previously suggested bullish attempts to settle near $2005.00 level, taking advantage of providing positive momentum by stochastic as it surpassed 50 level.

We expect targeting $2035.00 level, to repeat the pressure on $2080.00 barrier, to find an exit to record extra gains in the near and medium period, while its decline below $1950.00 and providing negative close might force it to activate the corrective decline again, to form initial main target at $1865.00 level.

The expected trading range for today is between $1970.00 and $2080.00

Trend forecast: Bullish

Copper price didn’t move anything by its confinement between $6.0500 level, while $5.8100 forms a key support against the attempt of resuming the bearish corrective trend, to fluctuate near $5.9100 level.

Providing positive momentum by the main indicators might increase the chances of surpassing the barrier, which opens the way for renewing the bullish attempts, to target several positive stations that might begin at $6.1200 and $6.2500, while breaking the support will force it to suffer extra losses by reaching $5.700 and $5.5900.

The expected trading range for today is between $5.8100 and $6.0500

Trend forecast: Sideways 

Ethereum (ETHUSD) extended its gains during recent intraday trading, breaching $2,325 resistance level, supported by its continued trading above EMA50, besides the emergence of positive signals from the relative strength indicators, despite reaching overbought levels, this comes amid the dominance of the main bullish trend on short-term basis with the trading alongside supportive trend line for this path.

Brent crude oil settles with a decline in recent intraday trading, amid the attempts of looking for higher low to use it as a base that might help it to gain the required bullish momentum for its recovery, amid the dominance of the main bullish trend on the short-term basis, with the continuation of the dynamic pressure that is represented by its trading above EMA50, reinforcing the chances of the recovery in the upcoming near period, especially with the emergence of positive overlapping signals on the relative strength indicators after reaching oversold levels.