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Platinum price gets the positive momentum – Forecast today – 4-3-2025

Economies.com
2025-03-04 06:09AM UTC

Platinum price started to get the positive momentum, to start covering the recently suffered losses, noticing its fluctuation near the MA55 at 959.00$.

 

Note that succeeding to hold above 950.00$ will increase the chances of providing new bullish trades, to attempt to record additional gains by targeting 971.00$ and 983.00$ levels, while settling below 950.00$ again will force it to activate the negative attack, to suffer many losses by moving towards 935.00$ first,

 

The expected trading range for today is between 950.00$ and 971.00$

 

Trend forecast: Bullish

No news for copper price – Forecast today – 4-3-2025

Economies.com
2025-03-04 06:08AM UTC

No news for copper price, to continue providing slow sideways trades by settling near 4.5400$, affected by the contradiction between the major indicators until this moment, reminding you that the frequent stability below 4.6800$ barrier reinforces the chances of resuming the negative correction that might target 4.3900$ level soon, followed by reaching the minor bullish channels’ support line at 4.3200$.

 

The expected trading range for today is between 4.3900$ and 4.5600$

 

Trend forecast: Bearish

Ethereum price (ETHUSD) hits the negative target – Forecast today - 04-03-2025

Economies.com
2025-03-04 03:50AM UTC

Ethereum price (ETHUSD) traded with strong negativity to succeed achieving our target -suggested in our last technical update- at 2030.00$, showing some slight bullish bias by today’s open, affected by stochastic reach to the oversold areas.

 

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Bitcoin price (BTCUSD) suffers strong losses – Forecast today - 04-03-2025

Economies.com
2025-03-04 03:50AM UTC

Bitcoin price (BTCUSD) declined sharply after confirming breaking 91200.00$ level, to surpass the first negative target at 87055.00$ strongly and open the way to achieve more bearish correction in the upcoming sessions, targeting testing 80474.50$ as a next station.

 

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