Platinum price affected by the moving average 55 attempt to form new extra support by fluctuating near $1920.00, to reduce the negative effect on the corrective trading, to notice providing bullish rally by its stability near $2080.00.

Stochastic attempts to provide bullish momentum will motivate the continuation of the fluctuation above $1950.00, to increase the chances of renewing the bullish attempts, to expect its rally toward $2165.00 then attempting to press on $2245.00 barrier.

The expected trading range for today is between $2020.00 and $2165.00

Trend forecast: Bullish

Despite forming bullish wave by copper price and its stability near $5/7500, but it couldn’t confirm its readiness to activate the bullish attack, due to the continuation of the main indicators’ contradiction, besides the stability of the price below $5.9700 barrier.

Providing mixed trading when gathering extra negative momentum will make reach $5.5100 support, forming confirmation key for the main trend in upcoming trading, breaking this support will force it to resume the corrective decline, to expect reaching $5.3600 followed by $5.1000.

The expected trading range for today is between $5.5500 and $5.8500

Trend forecast: Bearish

The (ETHUSD) price continues its fluctuating moves on its last intraday levels, under the dominance of the main bearish trend on short-term basis, with the continuation of the negative dynamic pressure that is represented by its trading below EMA50, on the other hand, we notice the emergence of positive overlapping signals from relative strength indicators, after reaching oversold levels, which formed a base that provides renewed bullish momentum that prevents the price decline.

The (Brent) price witnessed sharp gains in its last intraday trading, to return the balance of the main bullish trend on short-term basis, with its trading alongside supportive trend line for this track, taking advantage of the dynamic pressure that is represented by its trading above EMA50, preparing to reach $70.30 key resistance, on the other hand, we notice the emergence of negative overlapping signals from relative strength indicators, after reaching overbought levels, which might reduce the gains in the upcoming period.