Platinum price postpone the negative attack by providing new close above the moving average 55, to form new support at 1000.00, affected by stochastic positivity that settles now above 50 level, to extend trades towards 1015.00.

We expect to form more sideways fluctuation, while the main stability below 1040.00 resistance forms major factor to reinforce the chances of declining in the medium term period, reminding you that the negative targets are located near 985.00 followed by 965.00.

The expected trading range for today is between 1030.00 and 1000.00

The expected trend for today: Bearish

Copper price begins to resist the negative pressures to decrease the chances of forming new correctional bearish trades by settling above the additional support 4.0200, noticing the price fluctuation within sideways range near 4.2000, attempting to take a breath again by stochastic stability above 20 level.

These factors might increase the chances of forming some positive trades, which might assist to provide new pressures on 4.3000 barrier, while surpassing it will repeat the attempt to test the bullish channel’s resistance at 4.4200.

The expected trading range for today is between 4.1500 and 4.3000

The expected trend for today: Bullish

The USDCHF pair declined strongly yesterday to surpass our waited target at 0.9085, paving the way to continue the decline and head towards achieving additional negative targets that reach 0.9000 followed by 0.8920.

Therefore, we will continue to suggest the bearish trend for the upcoming period, taking into consideration that breaching 0.9085 might push the price to achieve some intraday bullish correction before turning back to decline again.

The expected trading range for today is between 0.8980 support and 0.9130 resistance.

The expected trend for today: Bearish

The NZDUSD pair rallied upwards strongly to breach 0.6510 and settles above it, to stop the recently suggested negative scenario and resume the main bullish track within the bullish channels that appear on the chart, targeting visiting 0.6590 followed by 0.6710 levels as next main stations.

Holding above 0.6510 is important to continue the expected rise, as breaking it might press on the price to decline towards 0.6430 areas before any new positive attempt.

The expected trading range for today is between 0.6485 support and 0.6600 resistance

The expected trend for today: Bullish