Platinum price continued forming strong bullish waves, taking advantage of its stability within the main bullish channel’s levels, besides forming extra support at $1740.00 level, recording new historical gains by hitting 1828.00 level, to record the previously suggested targets.

Note that the continuation of providing positive momentum by the main indicators will motivate the price to resume the rise and record new gains by its rally towards $1847.00 and $1865.00, while reaching below $1740.00 will increase the chances of activating the profit- taking path, to expect reaching $1720.00 and $1675.00.

The expected trading range for today is between $1750.00 and $ 1847.00

Trend forecast: Bullish

Copper price is forced to provide more sideways trading, affected by stochastic exit from the overbought levels, fluctuating near $5.2500 without recording new positive target.

Holding above the extra support at $5.1300 makes us keep the bullish scenario, to expect forming bullish waves by gathering extra positive momentum to reach $5.3800 initially, then wait to hit the main target at $5.5000.

The expected trading range for today is between $5.2000 and $5.500

Trend forecast: Bullish

The (ETHUSD) price rose in its last intraday trading, due to the stability of the key support at $2,935, this support was potential target in our previous reports, providing bullish momentum that helped the price to settle temporarily, to attempt to recover some previous losses, and attempting to offload some of its oversold conditions on the relative strength indicators, especially with the emergence of positive overlapping signals, affected by breaking bullish corrective trend line on the short-term basis, with its trading alongside steep minor trend line.

The (Brent) price kept declining in its last trading on the intraday levels, with the continuation of the negative pressure due to its trading below EMA50, reinforcing the dominance of steep minor bearish wave on the short-term basis, reaching $60.00 key support, this support represents potential target in our last analysis, with the emergence of negative signals on the relative strength indicators, despite reaching oversold levels, which intensifies the chances of breaking this support.