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

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.

The continuation of receiving the bullish momentum that comes from the main indicators unionism supports the chances of resuming the bullish attack, by surpassing $5.7500 and reaching the next target near $5.9700.

The expected trading range for today is between $5.600 and $5.9700

Trend forecast: Bullish

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.

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.