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Platinum price fluctuates below the barrier– Forecast today – 5-3-2026

Economies.com
2026-03-05 08:41AM UTC

Platinum price ended its last corrective attempts by reaching $2220.00 level, to rebound quickly towards $2180.00, keeping its negative stability below $2245.00 level besides forming %61.8 Fibonacci correction level at $2200.00 level as appears in the above image.

 

The stability of moving average 55 above the current trading will increase the negative pressure, to reinforce the chances of resuming the negative attack, to expect targeting $2130.00 level reaching $2080.00 level.

 

The expected trading range for today is between $2080.00 and $2200.00

 

Trend forecast: Bearish

 

Copper price repeats the negative closes– Forecast today – 5-3-2026

Economies.com
2026-03-05 06:41AM UTC

No change on copper price’s bearish corrective track until this moment due to the negative stability below $5.9700 level, increasing the chances of forming bearish waves, attempting to reach the negative stations at $5.6200 and $5.5100.

 

Breaching the barrier and holding above it will open the way for recording new gains, to expect forming the initial target at $6.1200 level, reaching the resistance at $6.2600.

 

The expected trading range for today is between $5.5100 and $5.8500

 

Trend forecast: Bearish

 

The EURCAD exits its bullish trend– Forecast today – 5-3-2026

Economies.com
2026-03-05 06:40AM UTC

EURCAD activated with the negative pressures that comes from stochastic decline towards the oversold level, which forces it to break the bullish track that is represented by 1.6095 level, to suffer clear losses by reaching 1.5835.

 

Forming strong resistance by the broken support, besides facing negative pressure confirms targeting extra negative stations that might extend towards 1.5725 and 1.5660.

 

The expected trading range for today is between 1.5725 and 1.6070

 

Trend forecast: Bearish

Natural gas price is under negative pressure– Forecast today – 5-3-2026

Economies.com
2026-03-05 06:40AM UTC

Natural gas prices repeatedly provided negative closes below $3.450 level, activating with the main indicators by their stability near $3.000.

 

No escape for resuming the negative attack, to keep waiting for reaching the initial target at $2.750, attempting to press on the extra support near $2.640.

 

The expected trading range for today is between $2.750 and $3.210

 

Trend forecast: Bearish