Platinum price failed to gather the positive momentum until this morning to continue fluctuating near the additional support at 933.00$, reminding you that it is important to settle above 920.00$ now to reinforce the chances of renewing the bullish attempts and reach the positive stations near 955.00$ and 983.00$.
Stochastic reach to the oversold areas confirms the beginning of getting rid of the negative pressures, to provide the chance to gather the positive momentum and start targeting the mentioned positive stations.
The expected trading range for today is between 930.00$ and 955.00$
Trend forecast: Bullish
Copper price confirmed the positive stability above 4.3300$ level, taking advantage of the major indicators that provide the positive momentum to form new bullish wave this morning and settle near 4.4400$.
We expect to renew the bullish rally today to target 50% Fibonacci correction level at 4.5300$, while crawling below 4.3300$ again might force it to postpone the rise and provide some correctional trades by targeting the MA55 at 4.2000$.
The expected trading range for today is between 4.3300$ and 4.5300$
Trend forecast: Bullish
Ethereum price (ETHUSD) returns to rise after the decline that it witnessed in the previous sessions, to approach 3425.50$, waiting to breach this level to confirm the continuation of the rise and achieve positive targets that start at 3555.00$ and extend to 3680.00$.
Stochastic overlaps positively now to support the chances of achieving the required breach followed by achieving the suggested targets, while breaking 3222.00$ will stop the bullish wave and push the price to turn to decline.
The expected trading range for today is between 3250.00$ support and 3520.00$ resistance.
Trend forecast: Bullish
Bitcoin price (BTCUSD) opened today’s trading with clear positivity to surpass 100000.00$ barrier and confirm the continuation of the bullish trend domination on the intraday basis, and the way is open to achieve our next waited target at 103500.00$, noting that surpassing this level will push the price to head towards the historical high at 108350.45$ as a next main station.
Therefore, we will continue to suggest the bullish trend for the upcoming period, noting that breaking 99695.00$ will put the price under negative pressure and might target the key support 95195.00$ before any new attempt to rise.
The expected trading range for today is between 99500.00$ support and 104500.00$ resistance.
Trend forecast: Bullish