Platinum price begins the correctional decline– Forecast today – 9-7-2025
AI Summary
- Platinum price is in a bearish correctional decline, moving away from resistance at $142.00 and breaking support at $1365.00
- Negative momentum from stochastic is expected to continue, targeting $1330.00 with potential losses extending to $1317.00 and $1300.00
- The expected trading range for today is between $1330.00 and $1370.00, with a bearish trend forecasted
Platinum price confirmed its surrender to the bearish correctional track by moving away from the resistance at $142.00, forming a new bearish wave and breaking the extra support at $1365.00 level, to settle near $1350.00.
The continuation of providing negative momentum by stochastic will increase the efficiency of the bearish correctional track, to keep waiting for targeting the target at $1330.00, and breaking it might extend the losses to $1317.00 and $1300.00.
The expected trading range for today is between $1330.00 and $1370.00
Trend forecast: Bearish
Copper price achieves big gains– Forecast today – 9-7-2025
Copper prices are under strong positive pressures, which allows it to surpass the barrier at $5.1000, to notice forming a strong bullish rally and achieving big gains by hitting $5.8100 level, forming an intraday rebound to $5.5500 to catch its breath and gather some gains.
Note that the price is surrounded by several positive factors that support the continuation of the positivity, such as the unionism of the main indicators by providing positive momentum besides forming extra support at $5.3200 level, which makes us prefer more of the bullish attempts that target 2.00%Fibonacci extended level at $5.9720, to approach from the resistance of the main bullish channel that appears in the above image.
The expected trading range for today is between $5.4500 and $5.9800
Trend forecast: Bullish
The (ETHUSD) is attempting to offload its overbought conditions -Analysis- 09-07-2025
The (ETHUSD) price declined in its last intraday trading, gathering the gains of its previous gains, and attempting to offload some of its clear overbought conditions on the (RSI), especially with the beginning of the negative signals appearance, to gather its positive strength that might assist it to recover and rise again, amid the continuation of the dynamic support that is represented by its trading above EMA50, and its trading alongside a bullish correctional trend line on the short-term basis.
Brent crude oil is rising cautiously- Analysis-09-07-2025
The (Brent) price rose slightly in its last intraday levels, supported by its continuous trading above its EMA50, and under the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, on the other hand, we notice the beginning of negative overlapping signals on the (RSI), after reaching overbought levels, which decelerated the last gains on the intraday basis.