Platinum price got the additional positive momentum yesterday, forming new bullish rally to achieve the target at 983.00$ and settle near it as appears on the chart.

We remind you that the MA55 attempt to form the additional support by settling near 960.00$ and stochastic attempt to provide the positive momentum will increase the chances of surpassing the current barrier to manage to achieve new gains that might start at 993.00$ followed by reaching the next resistance at 1012.00$.

The expected trading range for today is between 972.00$ and 993.00$

Trend forecast: Bullish

Copper price activated the previously suggested bullish rally to approach 4.8100$ barrier that formed the waited target in our previous report.

The price might provide some sideways trades, while its stability within the bullish channel and stochastic attempt to provide the positive momentum might increase the chances of breaching the current barrier and start targeting new positive stations by rallying towards 4.8900$ followed by reaching the bullish channel’s resistance line at 5.000$.

The expected trading range for today is between 4.6800$ and 4.8900$

Trend forecast: Bullish

Ethereum price (ETHUSD) tested 1960.00$ areas, noticing that the recent trades are confined inside minor bullish channel that we believe it forms bearish flag pattern, which means that breaking it support line will motivate the price to resume the main bearish trend and head to decline again.

Bitcoin price (BTCUSD) ended yesterday above 80474.40$ level, to hint the attempt to stop the bearish correction that dominated the recent trades, but we notice that the technical indicators show clear negative signals now, as stochastic shows overbought signals, while the EMA50 forms continuous negative pressure against the price.

To review the full report, and to get our more detailed analysis and 100% accurate signals provided by Best Trading Signal, subscribe to Economies.com VIP Club through the link below!