Platinum price succeeded to gather the additional positive momentum to take advantage of its recent consolidation above the MA55 at 980.00, providing positive rally to surpass 1005.00 obstacle and record some additional gains by reaching 1027.00.

Now, stochastic attempt to crawl towards the overbought areas will increase the efficiency of the bullish track, to continue suggesting the bullish attempts that might target 1040.00 followed by reaching 1072.00 in the medium term period.

The expected trading range for today is between 1005.00 and 1040.00

The expected trend for today: Bullish

Copper price repeated the negative closings below 4.0200 level, affected by the negative pressures caused by stochastic reach to the oversold areas, noticing the price consolidation below the MA55 at 3.9500, to increase the chances of targeting additional correctional stations that might extend towards 3.8500 level, while breaking this obstacle might push the price to suffer additional losses by moving towards 3.7000 in the medium term period.

The expected trading range for today is between 4.0200 and 3.8500

The expected trend for today: Bearish

Wheat price returns to test the key support 695.90 and presses negatively on it, which urges caution from the upcoming trading, as breaking this level will stop the correctional bullish trend scenario and press on the price to return to the main bearish track again.

Stochastic provides positive signals that support the chances of resuming the expected bullish wave on the intraday basis, noting that breaching 700.00 will ease the mission of heading towards our next positive target at 716.80.

The expected trading range for today is between 687.00 support and 705.00 resistance.

The expected trend for today: Bullish

Sugar price ended yesterday positively to completed forming bullish flag pattern that its signs appear on the chart, which forms positive motive that we are waiting to lead the price to continue the rise and head towards our next positive target at 22.60.

Therefore, the bullish trend scenario will remain active, supported by the EMA50 that continues to carry the price from below, noting that breaking 21.95 will stop the positive scenario and push the price to turn to decline.

The expected trading range for today is between 21.95 support and 22.70 resistance

The expected trend for today: Bullish