Platinum price activated the attempts of gathering the gains yesterday, by its stability below the barrier of $1480.00, which forces it to decline temporarily towards $1445.00, to keep its positive stability above the extra support at $1440.00.
The continuation of the price fluctuation above the current support and stochastic attempt to provide positive momentum, will increase the chances of breaching the previously-mentioned barrier, to confirm its move to a new positive stations, to begin recording extra gains by its rally to $1515.00 and $1543.00.
The expected trading range for today is between $1460.00 and $1515.00
Trend forecast: Bullish
Copper price succeeded in surpassing the dominance of the temporary sideways trend, taking advantage of the positive momentum that comes from the main indicators, forming strong bullish rally, achieving the suggested initial gains by reaching $4.8100.
The price needs to provide extra positive close above $4.7500 level, which allows it to form extra bullish waves, to expect its rally towards $4.9500 reaching the next target at $5.3100.
The expected trading range for today is between $4.6900 and $4.9500
Trend forecast: Bullish
The (ETHUSD) price deepened its losses in its last intraday trading, amid the dominance of the main bearish trend on the short-term basis, and the negative pressure remains valid due to its trading below EMA50, breaking the critical support at $4,100, intensifying the chances of extending the losses on the near-term basis, with the emergence of the negative signals on the relative strength indicators, after reaching overbought levels.
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The (Brent) price declined in its last intraday trading, affected by breaching minor bearish trend line on the short-term basis, supported by its continuous trading above EMA50, gaining renewed bullish momentum on the near-term basis and intensifies the chances of extending its strong gains that were gained yesterday, on the other hand, we notice the emergence of negative overlapping signals on the relative strength indicators, after reaching overbought levels, the price attempts to offload some of these overbought conditions, and gathering its gains that will help it to gather the required bullish momentum to resume the rise.
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Subscribe via TelegramFull VIP signals performance report for September 15–19, 2025: