Platinum price ended its recent positive rebound by testing 23.6% Fibonacci correction level at 880.00 followed by declining towards 860.00 again, to confirm its surrender to the domination of the previously suggested bearish bias.

The price needs new negative momentum to assist to activate the negative attack and ease the mission of crawling below 850.00, to open the way to target the negative stations represented by 830.00 followed by 780.00 in the medium term period.

The expected trading range for today is between 880.00 and 830.00

The expected trend for today: Bearish

Copper price kept its negative track by settling below 3.6000 level, attempting to provide new negative trades by fluctuating near 3.3600, while the major indicators provide the additional momentum to assist to resume the negative attack, waiting to target 3.1300 support line soon, followed by monitoring its behavior due to the importance of this obstacle to detect the next main trend.

The expected trading range for today is between 3.5500 and 3.1300

The expected trend for today: Bearish

Wheat price soared to reach the thresholds of the extended target at 950.00, to support the continuation of the expected bullish trend scenario on the intraday and short term basis, which moves organized inside the bullish channel that has positive targets that reach 972.80.

Therefore, the bullish trend scenario will remain dominant in the upcoming period, noting that breaking 924.00 might press on the price to achieve temporary decline and test 905.00 areas initially before any new attempt to rise.

The expected trading range for today is between 920.00 support and 960.00 resistance.

The expected trend for today: Bullish

Sugar price resumes its negative trading after testing 17.80 level in the previous sessions, to keep the bearish trend scenario active, supported by stochastic and the EMA50 negativity, reminding you that our main waited target is located at 17.23.

We should note that the continuation of the bearish wave depends on the price stability below 17.80.

The expected trading range for today is between 17.20 support and 17.90 resistance

The expected trend for today: Bearish