Platinum price succeeded to gather the additional positive momentum by stochastic rally above 50 level, to manage to hold above the bullish channel’s support line at 1020.00, noticing the beginning of forming bullish waves by reaching 1055.00.

These factors confirm surrendering to the domination of the bullish bias, to keep our bullish overview and remind you that the next target is located at 1072.00, while surpassing it will push the price to reach 1105.00 that formed strong obstacle against the bullish attempts.

The expected trading range for today is between 1035.00 and 1072.00

The expected trend for today: Bullish

Copper price returned to provide slow sideways fluctuation by consolidating below the bullish channel’s resistance at 4.3500, which hinders the chances of resuming the rise until this moment, thus, we will keep suggesting forming correctional bearish trades to target 4.1200 followed by reaching the additional support at 4.0500.

We remind you that succeeding to breach the resistance and holding above it will confirm moving to the bullish track again, to attempt to target new positive stations that might start at 4.4200 and 4.6000 levels.

The expected trading range for today is between 4.3500 and 4.1500

The expected trend for today: Bearish

Wheat price continued to decline to touch our second waited target at 723.70, and it found solid support there to show some slight bullish bias, affected by stochastic positivity, while we suggest resuming the negative trades to surpass this level and open the way to head towards 700.00 areas on the near term basis.

Therefore, the bearish trend will remain expected in the upcoming sessions, taking into consideration that failing to break 723.70 will push the price to start recovery attempts and visit 742.50 areas initially.

The expected trading range for today is between 715.00 support and 735.00 resistance.

The expected trend for today: Bearish

Sugar price ended yesterday below 18.70 level, to keep the bearish trend scenario active, supported by stochastic loss to the positive momentum clearly, waiting to resume the bearish bias that its next target located at 18.40.

On the other hand, we should note that breaching 18.70 will push the price to achieve intraday gains that start by testing 19.00 level.

The expected trading range for today is between 18.35 support and 19.00 resistance

The expected trend for today: Bearish