|
Platinum price needs extra momentum– Forecast today – 1-6-2026
Platinum price kept its positive stability above $1865.00 level, keeping the bullish scenario, however the main indicators contradiction pushed it to provide more sideways trading by its stability near $1930.00.
Gathering extra positive momentum is important to renew the pressure on the moving average 55 at $2000.00 and surpassing it will make it to resume the bullish attempts, to target the barrier near $2080.00, opening the way for detecting the main trend in the upcoming trading.
The expected trading range for today is between $1890.00 and $2000.00
Trend forecast: Bullish
Thanks for your feedback.
Copper price settles above the support level– Forecast today – 1-6-2026
Copper price settled again above the extra support level near $6.1000, benefiting from providing positive momentum that comes from stochastic, forming some bullish waves to press on the barrier at $6.4000, to form a key for resuming the bullish trend.
MoreEthereum (ETHUSD) Under Negative Pressure – Analysis – 01-06-2026
Ethereum declined in recent intraday trading, reflecting the dominance of the short-term bearish trend. Price action continues to move along a descending trendline, while trading below the EMA50, which reinforces ongoing downside pressure.
MoreBrent Crude Oil Rises After Hitting Targeted Support – Analysis – 01-06-2026
Brent crude oil surged in recent intraday trading after holding firmly above the key support level at $90.00, which previously acted as a downside target. This support triggered a rebound, helping the price recover part of its earlier losses and easing oversold conditions on the relative strength indicators.
More