Platinum price continued its bullish attempts yesterday, taking advantage of providing positive momentum by the main indicators, achieving the extra targets by its rally to $1550.00, to face %2.236 Fibonacci extension level, which forms an intraday obstacle against the bullish scenario.
Stochastic attempt to exit the overbought level might force the price to provide sideways trading, but the stability above $1475.00 supports the continuation of the positivity, which might target $1583.00 resistance in the near period trading.
The expected trading range for today is between $1515.00 and $1560.00
Trend forecast: Bullish
Copper price hit $4.8600 level, to bounce quickly to settle below the barrier at $4.7500 level, attempting to catch its breath and gaining new positive momentum to reinforce the chances of reaching extra stations.
The bullish track remains valid by the stability of the price above the moving average 55, as it forms an extra support near $4.3800, note that its success in confirming the breach will allow it to reach 44.9500 followed by $5.3100 on a near-term basis.
The expected trading range for today is between $4.5500 and $4.9500
Trend forecast: Bullish
The (ETHUSD) price rose in its last intraday trading, after breaking the critical support at $4,100, amid the dominance of the main bearish trend on the short-term basis and its trading alongside minor trendline, indicating the big volume of the negative momentum, with the continuation of the negative pressure that comes from its trading below EMA50, attempting to recover its previous losses, and attempting to offload some of its clear oversold conditions on the relative strength indicators, especially with the emergence of the positive signals.
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The (Brent) price declined in its last intraday trading, in a quick attempt to gather the gains of its previous rises, and gaining bullish momentum to support the stability of the dominant bullish correction wave on the short-term trading, amid the continuation of the positive pressure due to its trading above EMA50, with the emergence of the relative strength indicators, after its success in offloading the overbought conditions, opening the way for extending its gains on the near-term basis.
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Subscribe via TelegramFull VIP signals performance report for September 15–19, 2025: