|
Platinum price begins to rise– Forecast today – 8-4-2026
Platinum price succeeded to surpass the moving average 55 by forming new bullish wave, achieving $2045.00 level this morning, which requires providing a new positive close above $1950.00 level, to confirm its readiness to form new bullish waves by reaching $2070.00, and surpassing this barrier might extend the trading towards $2130.00 reaching the next resistance at $2205.00 level.
While the return of fluctuation below $1950.00 will force it to activate the bearish corrective track again, forcing it to suffer some losses by reaching $1865.00 and $1800.00 before any new attempt to achieve any of the suggested positive targets.
The expected trading range for today is between $1950.00 and $2130.00
Trend forecast: Bullish
Thanks for your feedback.
Copper price repeats the positive closes– Forecast today – 8-4-2026
Copper price confirmed the bullish scenario by providing a new positive close above $5.5100 level, to begin attempts to record extra gains by reaching $5.7000, to approach the previously suggested initial main target.
MoreEthereum price (ETHUSD) breaks our target - Analysis- 08-04-2026
Ethereum (ETHUSD) strongly extended its gains during recent intraday trading,gaining positive momentum after holding above EMA50. The price then surged past the important resistance level at $2,195, which represented our previous target in earlier analysis, supported by the dominance of the short-term bullish and positive signals from the relative strength indicators after reaching deeply oversold levels.
MoreBrent crude oil price suffers heavy losses - Analysis- 08-04-2026
Brent crude oil has been in free fall during recent intraday trading, breaking a main short-term bullish trendline. This decline coincides with a break below EMA50, which amplifies negative pressure and signals a strong reversal of the recent uptrend, especially as negative signals continue to appear from the relative strength indicators, despite it having reached deeply oversold levels.
More