Platinum price returned to form sideways range trading after recording the target at $1383.00, affected by the contradiction between the main indicators, especially by stochastic approach from 20 level, to notice its fluctuation near the moving average 55 at $1342.00.
Reminding you that the bullish scenario will remain valid, depending on the stability of the support at $1302.00, to keep waiting for gathering the positive momentum to ease the mission of surpassing the obstacle at $1383.00 reaching the next target at 1420.00 level.
The expected trading range for today is between $13300.00 and $1383.00
Trend forecast: Bullish
Copper price didn’t move anything in the last period, and it keeps forming sideways trading by its stability near $4.4700, attempting to face stochastic negativity, to keep its positive stability within the bullish track that depends on the strength of the support at $4.0600.
Reminding that the continuation of forming extra support at $4.2600 level reinforces the dominance of the bullish bias, to keep waiting for gathering the positive momentum, which helps to activate the bullish attempts and reach the initial targets at $4.6200 and $4.7500.
The expected trading range for today is between $4.3000 and 4.6200
Trend forecast: Bullish
The (ETHUSD) price declined in its last trading on the intraday levels, surpassing the support of its EMA50, which puts it under negative pressure that intensified by the emergence of the negative signals on the (RSI), despite its reach to the oversold levels, to lean on the support of a minor bullish trend on the short-term basis, gaining some bullish momentum that helped it to settle on the intraday basis.
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The (Brent) price declined on its last intraday levels, amid the emergence of the negative signals on the (RSI), after reaching overbought levels, attempting to offload this overbought condition, gaining bullish momentum that might assist it to recover and rise again, amid the dominance of the bullish correctional trend on the short-term basis, with the continuation of the positive pressure that comes from its trading above EMA50, besides the price affection by positive technical formation on the short-term basis, which is represented by the double bottom pattern.
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Subscribe via TelegramCheck full VIP signals performance report for the week of August 18–22, 2025: Full Report