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Platinum price is fluctuating in a sideways range– Forecast today – 29-7-2026
Platinum price provided more sideways trading by its fluctuation near $1600.00 level due to the contradiction of the main indicators, especially by stochastic stability above 20 level, obstructing the previously waited negative trend.
Reminding you that the stability below the extra barrier at $1695.00 forms a main factor to confirm the previously suggested negative scenario, therefore, we will keep waiting for gathering extra negative momentum, to reach the initial target at $1550.00, then attempts to pressure the barrier near $1515.00.
The expected trading range for today is between $1515.00 and $1640.00
Trend forecast: Bearish
Copper price is activating with stochastic negativity– Forecast today – 29-7-2026
Copper price began activating with stochastic negativity, forming some bearish corrective waves, reaching $6.2180 level by forming extra barrier at $6.3600 level will increase the chances of resuming the corrective attempts, to expect reaching $6.1000 support, where breaking it will confirm its move to a new negative station that might push it to reach $5.9500 and $5.8200.
MoreEthereum (ETHUSD) Price gets rid of its negative pressure – Analysis – 29-07-2026
(ETHUSD) price rose during its latest intraday trading, supported by the emergence of the positive signals from the relative strength indicators, after reaching oversold levels, to return its move alongside a main bullish trend line on the short-term basis, and it managed to surpass EMA50, to get rid of its negative pressure, easing the way for extending these gains in the near upcoming period.
MoreBrent Crude Oil Settles With Cautious Gains – Analysis – 29-07-2026
Brent crude oil settled with strong gains in its recent intraday trading, attempting to recover part of its previous losses, offloading its oversold conditions on the relative strength indicators, to reach severe overbought conditions compared to the price move, indicating a rapid loss for this bullish momentum, which threatens these gains to rebound, affected by breaking a bullish trend line on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, which reduces the chances of full recovery on the near-term basis.
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