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Platinum price fluctuates within the sideways track– Forecast today – 21-8-2025

Economies.com
2025-08-21 05:08AM UTC
AI Summary
  • Platinum price stabilizes above support of $1302.00, rallying towards moving average 55 at $1342.00
  • Neutral forecast, waiting for price to surpass main levels to confirm trend; breach of $1342.00 could lead to gains up to $1382.00
  • Expected trading range for today is between $1302.00 and $1342.00, with a neutral trend forecasted

Platinum price surpassed some of the negative pressures by stochastic rally to 80 level, keeping its stability above the support of the sideways track that is represented by $1302.00, to rally to the moving average 55, which reinforces the stability of the barrier at $1342.00.

 

We will remain neutral, to keep waiting for surpassing one of the main levels to confirm the expected trend in the near and medium period, breaching the barrier will open the way for achieving more of the gains by the price rally to $1365.00 and $1382.00, while breaking the support and holding below it will activate bearish correctional track, and $1281.00 level represents the initial negative target for the bearish track.

 

The expected trading range for today is between $1302.00 and $1342.00

 

Trend forecast: Neutral

 

Copper price is waiting the bullish momentum– Forecast today – 21-8-2025

Economies.com
2025-08-21 05:07AM UTC

Copper price continued providing sideways trading despite its stability within the main bullish channel’s levels, attempting to surpass stochastic negativity by its repeated stability above the extra support at $4.2600.

 

The sideways trading continues until gathering positive momentum, reinforcing the chances for achieving the positive targets that might begin at $4.3300 reaching 100%Fibonacci extension level at $4.7400.

 

The expected trading range for today is between $4.3300 and $4.6300

 

Trend forecast: Bullish

The (ETHUSD) is under negative pressure-Analysis- 21-08-2025

Economies.com
2025-08-21 04:31AM UTC

The (ETHUSD) price declined in its last intraday trading, due to the stability of the key resistance level at $4,360, accompanied by testing bearish correctional trend line on the short-term basis, amid the continuation of the negative pressure that comes from its trading below EMA50, intensifying the negative pressure on the price, especially with the emergence of negative overlapping signal on the price especially with the emergence of negative overlapping signal on the (RSI), after reaching overbought levels, which indicates the beginning of forming negative divergence.

 

 

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Brent crude oil attacks critical resistance- Analysis-21-08-2025

Economies.com
2025-08-21 04:31AM UTC

The (Brent) price extended its gains in its last intraday trading, attacking the key resistance at $66.65, this resistance represents a neckline of a technical positive formation on the short-term basis, represented by the double top pattern, taking advantage of the dynamic support that is represented by its trading above EMA50, with the emergence of the positive signals on the (RSI), despite reaching overbought levels.

 

 

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