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Platinum price confirms the positivity– Forecast today – 15-4-2026
Platinum price confirmed its surrender to the bullish scenario by its stability yesterday above $2070.00 level, to form a new bullish rally and recording some previously suggested gains by reaching $2145.00 level.
The repeated stability above the moving average 55 near 1995.00, by the continuation of providing positive momentum by the main indicators will increase the chances of recording new gains, to reach $2205.00, which might form a new obstacle against the bullish rally, while surpassing this obstacle will ease the mission of achieving extra gains that might extend towards $2290.00 initially.
The expected trading range for today is between $2070.00 and 22205.00
Trend forecast: Bullish
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Copper price steps above the barrier– Forecast today – 15-4-2026
Copper price continued its bullish rally yesterday at $5.9700, to open the way for resuming the bullish trend, to achieve the extra target by reaching $6.1040 level, forming sideways trading by its fluctuating near $6.5080.
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Ethereum (ETHUSD) declined in its latest intraday trading as the price attempts to establish a higher low that could serve as a base for regaining bullish momentum and resuming its recovery. During this move, the asset has managed to unwind previous overbought conditions on the relative strength indicators, which have now entered oversold territory relative to price action, suggesting the potential for renewed upward momentum.
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Brent crude oil settled lower during its latest intraday trading, with the emergence of positive overlapping signals from the relative strength indicators, after reaching oversold levels, stopping the losses and making the price attempt to offload the oversold conditions, amid the continuation of the negative pressure due to its trading below EMA50, reducing the chances of sustainable recovery on near-term basis, with its trading alongside supportive trend line for this path.
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