Platinum price reached $1625.00 level in its last rally, then bounces quickly to settle below 261.8%Fibonacci extension level at $1605.00, forming a strong barrier against the attempt of holding within the bullish channel’s levels that appear in the above image.
The price might be force to provide mixed trading, its stability above the extra support near $1525.00 besides the continuation of providing positive momentum by the main indicators will increase the chances for confirm breaching the current barrier, to ease the mission of achieving extra gains that might extend to $1642.00 initially, reaching $1690.000.
The expected trading range for today is between $1565.00 and $1642.00
Trend forecast: Bullish
Copper price succeeded in surpassing the barrier of $4.7500, taking advantage of the unionism of the main indicators by providing positive momentum in the last trading, to settle near $4.8500.
Providing new bullish momentum above the breached barrier is required to confirm its readiness to form strong bullish waves, to target $4.9500 level reaching the next target near $5.3200.
The expected trading range for today is between $4.7000 and $4.9500
Trend forecast: Bullish
The (ETHUSD) price declined in its last intraday trading, gathering the gains of its previous rises, attempting to gain bullish momentum to help it to recover and rise again, attempting to offload some of its clear overbought conditions on the relative strength indicators, with the emergence of the negative signals from there, affected by breaching minor bearish trend line on the short-term basis, taking advantage of the positive support due to its trading above EMA50, reinforcing the chances of the price recovery on the short-term basis.
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The (Brent) price deepened its losses in its last intraday trading, after surpassing the resistance of its EMA50, intensifying the negative pressure around the price, affected by the dominance of minor bearish wave, besides the emergence of the negative signals on the relative strength indicators, despite reaching oversold levels, which might reduce the bleeding of losses temporarily in the upcoming period.
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Subscribe via TelegramFull VIP signals performance report for September 22–26, 2025: