Platinum price didn’t move anything since yesterday, due to its fluctuation below $1690.00, providing intraday sideways trading to gather extra positive momentum again.
The continued stability above extra support at $1600.00 and stochastic rally above 50 level will increase the chances of achieving the required breach, to ease the mission of recording new historical gains that might begin at $1745.00 and $1835.00.
The expected trading range for today is between $1635.00 and $1745.00
Trend forecast: Bullish
Copper price affected by the sideways bias dominance due to its neediness to the positive momentum, which forces it to fluctuate below $5.0600 level, testing extra support at $4.7500 to settle above it.
The sideways trading until gathering positive momentum, which allows it to surpass the current barrier, waiting for its rally towards extra stations near $4.2000 and $5.3200.
The expected trading range for today is between $4.7500 and $5.2000
Trend forecast: Bullish
The (ETHUSD) price rose in its last trading on the intraday basis, in an attempt to recover some of its previous losses, and attempting to offload its clear oversold conditions on the relative strength indicators, with the emergence of positive overlapping signals, and the dominance of bearish wave on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, reducing the chances of its recovery in the upcoming period.
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The (Brent) price fluctuated in its last intraday levels, attempting to recover some of its previous losses, amid the continuation of the negative pressure due to its trading below EMA50, reinforcing the dominance of the main bearish track on the short-term basis and its trading alongside trendline that represents dynamic resistance that prevent the recovery on a near-term basis, on the other hand, we notice the emergence of positive crossover on the relative strength indicators, which makes us witness some temporary corrective rebounds.
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Subscribe via TelegramFull VIP signals performance report for 6-10, October 2025: