Platinum price closed yesterday’s trading by attacking extra support level at $1525.00 to settle above it, affected by the instability of the price due to the contradiction between the main indicators, noting that reaching below the current support and providing negative close will force it to suffer extra losses that might extend towards $1485.00 reaching $1440.00.

While regaining the bullish trend requires forming strong bullish waves, to reach $1695.00 barrier, to confirm surpassing the chances of recording new gains in the upcoming period.

The expected trading range for today is between $1485.00 and $1572.00

Trend forecast: Bearish

Copper price remains affected by the negative pressure, confirming its stability below $5.2000 barrier, by the image, we notice the continuation of providing bearish corrective trading and its stability near $4.9000.

Reminding you that there is a chance for testing extra support at $4.7500, and surpassing it will force it to suffer extra losses by reaching $4.6000 directly followed by the moving average 55 near $4.4400.

The expected trading range for today is between $4.7500 and $5.0500

Trend forecast: Bearish

The (ETHUSD) price rose in its last trading on the intraday basis, in an attempt to recover some of its previous losses, attempting to offload some of its clear oversold conditions on the relative strength indicators, amid the effect of breaking the critical support of $3,435, this support represents our expected target in our previous analysis, amid the dominance of the main bearish trend on the short-term basis and its trading alongside supportive minor trend line for this track.

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The (Brent) price declined in its last intraday trading, affected by the negative pressure that comes from its trading below EMA50, affected also by breaking bullish corrective trendline on the short-term basis, besides the emergence of negative crossover on the relative strength indicators, after offloading its oversold levels, intensifying the negative pressure.

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