Platinum price prefers the bearish trend– Forecast today – 30-7-2026

Copper price kept its negative stability yesterday below $6.3600 level, providing some corrective attempts by reaching $6.2200 level to bounce and settle near $6.3000.

(ETHUSD) price fluctuated during its latest intraday trading, attempting to gain bullish momentum that might help it to keep the main bullish trend on the short-term basis, supported by its continued moves above EMA50, and its trading alongside trend line, with the emergence of positive overlapping signals on the relative strength indicators, after offloading overbought conditions, which might provides more chances for a recovery in the near term period.

Brent crude oil declined in its recent intraday trading, after retesting broken bullish trend line on the short-term basis, accompanied by reaching EMA50’s resistance, which put it under intensive negative pressure that forced it to stop its last gains, especially with the beginning of forming negative divergence on the relative strength indicators, after reaching overbought levels, exaggeratedly compared to the price action, with the emergence of the negative signals from them, increasing the likelihoods of deepening these losses in the near upcoming period.