Despite platinum price recent weak trades, and the continuous contradiction between the major indicators, that won’t affect the main bearish track, due to the continuous fluctuation below 1105.00 barrier, in addition to providing new negative closings below 1072.00.

Therefore, we will keep waiting to gather the negative momentum to ease the mission of renewing the negative attempts that might target 1040.00 followed by reaching the next negative target at 1020.00.

The expected trading range for today is between 1072.00 and 1040.00

The expected trend for today: Bearish

Copper price begins to form some correctional bullish waves after touching 3.6300 level, attempting to take the required additional negative momentum to renew the negative attempts in the near term and medium term period.

3.7800 level forms additional barrier, and the price settles below 38.2% Fibonacci correction level at 3.8500, allowing us to confirm the continuation of the negativity to expect to gather the negative momentum and reach the additional stations that might start at 3.5800 and 3.5000.

The expected trading range for today is between 3.7800 and 3.5800

The expected trend for today: Bearish

Wheat price declined sharply yesterday to surpass our extended negative target at 629.40 and close the daily candlestick below it, to open the way to continue the decline and head to visit the recently recorded low at 603.10 as a next negative target.

Therefore, the bearish trend will remain dominant on the intraday basis, supported by the negative pressure formed by the EMA50, noting that breaching 629.40 will lead the price to attempt to build intraday bullish wave that targets testing 645.70 level initially.

The expected trading range for today is between 605.00 support and 635.00 resistance.

The expected trend for today: Bearish

Sugar price traded with slight negativity yesterday, approaching the EMA50 that forms intraday support at 25.60, waiting to surpass this level to open the way to visit 25.25 as a next main station.

Therefore, our bearish overview will remain active, noting that breaching 26.35 will stop the negative scenario and lead the price to attempt to regain the main bullish trend again.

The expected trading range for today is between 25.25 support and 26.00 resistance

The expected trend for today: Bearish