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Platinum price benefited from the positive factors– Forecast today – 23-2-2026
Platinum price took advantage by the positive factors that are represented by providing bullish momentum by the main indicators, besides forming extra support level at $2020.00, forming new bullish waves to settle near $2190.00.
We expect reaching $2245.00 barrier soon, and surpassing it will confirm its move to a new positive station, to reinforce the chances of recording extra gains that might begin at $2315.00 and $2425.00, while the failure to breach will reinforce the dominance of the sideways bias in the near-period, and there is chance to activate the bearish corrective track.
The expected trading range for today is between $2110.00 and $2245.00
Trend forecast: Bullish
Copper price achieves some gains– Forecast today – 23-2-2026
Copper price succeeded in settling above $5.5100 support, to get rid of stochastic negativity by forming some bullish waves and achieving $5.8150 level.
Surpassing the $5.9700 barrier is important to open the way for activating the bullish trend again, opening the way for recording several gains by its rally towards $6.1200, to press on $6.2400 resistance.
The expected trading range for today is between $5.7200 and $5.9700
Trend forecast: Bullish
The (ETHUSD) slips lower- Analysis- 23-02-2026
The (ETHUSD) price witnessed strong losses on its last intraday levels, amid the dominance of the main bearish trend on short-term basis, with the emergence of negative signals from relative strength indicators, despite reaching oversold levels, besides the negative pressure due to its trading below EMA50, intensifying the negative pressure around it.
Brent crude oil price surges high- Analysis- 23-02-2026
The (Brent) price declined in its last intraday trading, attempting to look for a rising low to take it as a base that might help it to gain the required bullish momentum to recover and rise again, amid the dominance of the main bullish trend on short-term basis, with the continuation of its trading above EMA50, reinforcing the chances of its recovery on near-term basis, especially with the emerging of positive overlapping signals from relative strength indicators, after offloading its overbought conditions, which make it able to achieve new gains.