Platinum price awaits breakout confirmation – Forecast today – 3-11-2026

Copper prices continued to face repeated negative pressure around the 55-period moving average, with the price currently attempting to stabilize near $6.3750, signaling its readiness to resume the previously suggested corrective bearish move. We note that the bearish scenario will remain valid as long as the resistance barrier at $6.6100 holds, alongside the continued negative momentum from the Stochastic indicator.

Ethereum (ETHUSD) has been trading lower in its latest intraday movements, amid continued negative pressure from trading below EMA50, which acts as dynamic resistance and reinforces the dominance and stability of the main short-term downtrend. This comes especially as the price moves alongside a bearish trend line that supports this bearish path and signals further declines in the near term, with negative signals emerging from the relative strength indicators.

Brent crude oil extended its sharp consecutive losses in its latest intraday movements, breaking $106.00 support level, which had been a price target in our previous analyses. This decline follows an earlier break below a major short-term ascending trend line, alongside continued negative pressure from trading below EMA50. On the other hand, positive signals are beginning to emerge from the relative strength indicators after they reached deeply oversold territory. This suggests that the price may begin to ease these oversold conditions, helping it stabilize temporarily against the prevailing negative pressure.