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Platinum price provides mixed trading– Forecast today – 23-10-2025
Platinum price ended the bearish corrective attack by targeting $1490.00 level, to form strong bullish rebound by its rally towards $1633.00, attempting to reduce the effect of the intraday bearish pressure on the current period.
We couldn’t confirm activating the positive track until providing new positive close above$1605.00 to ease the mission of targeting some positive stations that are located near $1665.00 and $1695.00, while the decline below $1605.00 will force the price to form new bearish waves, attempting to reach $1525.00.
The expected trading range for today is between $1570.00 and $1665.00
Trend forecast: Fluctuated within the bullish track.
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Copper price repeats the sideways range’s fluctuation– Forecast today – 23-10-2025
Copper price confirmed its surrender in its current period trading to the dominance of the sideways bias, affected by the stability of the barrier near $5.0600, which forces it to delay the attempts of resuming the main bullish attack, to notice its fluctuation near $4.9500 level.
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The (ETHUSD) price rose in its last trading on the intraday basis, supported by the emergence of the positive signals on the relative strength indicators, after reaching oversold levels, attempting to recover some of its previous losses, amid the continuation of the negative pressure due to its trading below EMA50, reinforcing the dominance of the main bearish trend on the short-term basis, with its trading alongside trendline.
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The (Brent) price witnessed sharp gains during its last intraday trading, affected by breaching main bearish trend line on the short-term basis, supported by its continuous trading above EMA50, reinforcing the stability of this positive scenario, to attack the current resistance at $63.95, on the other hand, we notice the emergence of the negative signals on the relative strength indicators, after reaching overbought levels, which might obstructs the rise temporarily in the upcoming period.
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