Platinum price ended its last bearish correctional attack by hitting $1260.40 level, approaching from the second correctional target, to notice forming some bullish waves, to settle near $1310.00.

Note that the continuation of forming main support at $1245.00 level against the current trading, beside stochastic attempt to provide positive momentum will increase the chances of activating the bullish attempts, to expect its rally towards $1342.00 and surpassing this barrier might extend the trading towards $1383.00, representing the initial main target for the bullish attempts.

The expected trading range for today is between $1270.00 and $1342.00

Trend forecast: Bullish

Despite the continuation of the negative pressure on copper price, its main stability within the bullish channel levels that its main support is located at $4.0500, besides forming extra support at 61.8%Fibonacci extension level at $4.2600 supports the chances of renewing the bullish attempts in the near and medium period.

The price might be forced to form some mixed sideways trading, but the stability above the main support makes us wait to gather positive momentum, attempting to achieve some gains by its rally towards $4.6300 and $4.7500.

The expected trading range for today is between $4.2600 and $4.6300

Trend forecast: Bullish

The (ETHUSD) price continued its last intraday trading, in attempt to recover some of its previous losses, amid the dominance of the bearish correctional trend on the short-term basis and its affection by breaking a bullish trend line, with the continuation of the negative pressure that comes from its trading below EMA50, besides the (RSI) reach to the overbought levels, which suggest forming negative divergence, especially with the emergence of negative overlapping signals.

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The (Brent) price settled with strong losses in its last intraday trading, to lean on the current support at $69.00, which reduced the losses especially with the (RSI) reach to the oversold levels, besides the emergence of positive overlapping signals from there, which might push the price towards cautious bullish rebounds to attempt to offload this oversold condition, at the same time it attempts to recover its previous losses.

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