Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD
WhatsApp Telegram LinkedIn Facebook X TikTok Instagram

Platinum price begins the decline – Analysis – 26-9-2023

Economies.com
2023-09-26 06:24AM UTC

Platinum price got advantage from the repeated negative pressures, to begin forming bearish waves, hitting 907.00 level as appears in the above image, we expect resuming the negative attack to press on the extra support at 880.00, and surpassing it might extend the trading towards61.8% Fibonacci at 850.00, to form the next main target for the bearish trading.

 

reminding you that holding below 950.00 barrier is important to shrink the chances for changing the trend in the current trading and to avoid unexpected losses before reaching the suggested negative targets.

 

The expected trading range for today is between 925.00 and 880.00

 

The expected trend for today: Bearish

 

 

 

Copper price is waiting for achieving the break– Analysis – 26-9-2023

Economies.com
2023-09-26 06:23AM UTC

Copper price remains under the negative pressures by its stability at 3.6600 level, waiting for breaking this support and begin the waited negative attack, the negativity is caused by the continuation of the reinforcements of the moving average 55 for the stability of the extra barrier near 3.8500, besides the continuation of the negative momentum that comes from stochastic by its approach from 20 level.

 

therefore, we will keep waiting for achieving the required break, to open the way towards targeting several negative stations, which might begin at 50% Fibonacci correction level at 3.5000.

The expected trading range for today is between 3.7700 and 3.5000

 

The expected trend for today: Bearish

 

Wheat price is recovering – Analysis - 26-09-2023

Economies.com
2023-09-26 03:40AM UTC

Wheat price bounced upwards clearly after the consolidation of 580.20 level against the recent negative pressure, to head towards recovering on the intraday basis and achieve gains that we expect to start at 610.90 and extend to 632.00 after surpassing the previous level.

 

Therefore, the bullish bias will be expected for the upcoming period unless breaking 580.20 and holding below it.

 

The expected trading range for today is between 590.00 support and 620.00 resistance.

 

The expected trend for today: Bullish

Sugar price breaks the support – Analysis - 26-09-2023

Economies.com
2023-09-26 03:40AM UTC

Sugar price managed to break 26.74 level and hold below it, to confirm the continuation of the correctional bearish trend domination in the upcoming sessions, opening the way to head towards visiting 26.08 level as a next negative station.

 

Therefore, we are waiting for more expected decline on the intraday basis, noting that breaking the targeted level will extend the bearish wave to reach 25.55 areas, while breaching 26.74 will stop the negative scenario and lead the price to regain the main bullish trend again.

 

The expected trading range for today is between 26.00 support and 26.80 resistance

 

The expected trend for today: Bearish

Frequently asked questions

What is the price of Platinum today?

The price of Platinum is $1382.10 (2025-07-04 02:14AM UTC)