Platinum price confirmed delaying the bullish attack by its exit from the minor bullish channel’s levels, providing repeated negative pressure on the support that is represented by $1365.00 level, taking advantage of the stability of stochastic below 80 level and providing negative momentum.

Note that the bearish correctional scenario will remain valid in he current period trading, depending on forming a strong barrier at 1420.00 level, which makes us prefer targeting the correctional stations that begin at $1345.00 and $1330.00.

The expected trading range for today is between $1330.00 and $1400.00

Trend forecast: Bearish

Copper price began to form negative trading, depending on the continuation of forming a main barrier at $5.1000 level, approaching the initial correctional target near $4.9100.

The continuation of providing negative momentum by stochastic makes us expect forming a new sharp decline, to attempt to reach extra correctional stations that begin at $4.8650 and $4.8100, to confirm that the daily stability below the mentioned barrier is important to avoid any attempt for changing the current trend.

The expected trading range for today is between $4.8650 and $5.0000

Trend forecast: Bearish

The (ETHUSD) price rose in its last intraday trading, supported by its continuous trading above its EMA50, gaining positive momentum amid the dominance of the bullish correctional trend on the short-term basis, with the negative signals emerging on the (RSI), reinforcing the bullish scenario.

The (Brent) price settled low in its last intraday levels, due to the stability of the resistance level at $68.70, which put it under negative pressure, especially with the emergence of the negative signals on the (RSI), after reaching overbought levels, to surpass the support of its EMA50, increasing the negative pressure that prevents its recovery.