Platinum price formed temporary bullish rebound yesterday due to stochastic exit from the oversold areas, to notice rallying towards 925.00$, while forming minor bearish channel and facing new resistance at 940.00$ allow us to keep the negative overview that might target 905.00$ followed by 882.00$ levels.
On the other hand, breaching the current resistance and holding above it will cancel the negative overview for now to expect forming many bullish waves by rallying towards the MA55 at 955.00$, while surpassing it will push the price towards 974.00$ as a next target for the bullish attempts.
The expected trading range for today is between 905.00$ and 936.00$
Trend forecast: Bearish
Despite copper price recent weak trades, the continuous fluctuation below 4.000$ and providing continuous negative momentum by the major indicators confirm the continuation of the previously suggested negativity, to keep waiting to target 3.9300$ followed by reaching the next support at 3.8300$.
On the other hand, changing the trend and providing bullish trades requires rallying above 4.2000$ and holding above it to increase the chances of starting to achieve clear gains that might start at 4.3400$.
The expected trading range for today is between 3.9300$ and 4.0500$
Trend forecast: Bearish
Ethereum price (ETHUSD) continued to rise to test 3510.00$ level, which forms good resistance against the price, as the price consolidates below it until now, accompanied by witnessing continuous negative signals through stochastic, waiting to motivate the price to resume the expected bearish trend for the upcoming period, which targets 3222.00$ as a first station.
On the other hand, we should note that breaching 3510.00$ will stop the expected decline and lead the price to achieve additional gains that reach 3680.00$ initially.
The expected trading range for today is between 3320.00$ support and 3590.00$ resistance.
Trend forecast: Bearish
Bitcoin price (BTCUSD) ended yesterday above 95195.00$ to confirm heading towards building bullish wave on the intraday and short-term basis, targeting 99000.00$ followed by 102000.00$ levels as next main stations.
Moving above the EMA50 supports the expected bullish wave, while breaking 95195.00$ represents the key to return to the correctional bearish trend again.
The expected trading range for today is between 95000.00$ support and 99000.00$ resistance.
Trend forecast: Bullish