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Platinum price leans above the moving average 55– Forecast today – 22-4-2026
Platinum price formed some bearish corrective waves, to approach from the moving average 55 at $1996.00, rebounding towards $2070.00 this morning, attempting to confirm the continuation of the previously suggested bullish scenario.
Note that the main stability above the initial main support at $1950.00 makes us wait for gathering positive momentum to renew the bullish attempts, to target 2135.00 level reaching the next main target at $2205.00.
The expected trading range for today is between $2000.00 and $2135.00
Trend forecast: Bullish
Copper price without any new– Forecast today – 22-4-2026
Copper price didn’t move anything since yesterday by its fluctuation near the initial support at $5.9700, due to the contradiction of the main indicators, by providing negative momentum by stochastic, which settles below 50 level.
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MoreBrent crude oil takes profits - Analysis- 22-04-2026
Brent crude oil declined slightly during its latest intraday trading, to gather the gains of its previous gains, attempting to gain bullish momentum that might help it to resume its gains again, and it attempts to offload some of the overbought conditions on the relative strength indicators, especially with the emergence of negative overlapping signals, affected by breaching bearish corrective trend line on short-term basis, with a positive support due to its trading above EMA50.
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