Platinum price provides new positive signal– Forecast today – 18-7-2025.
AI Summary
- Platinum price rallied above $1420.00, signaling readiness to resume bullish attack towards $1476.90
- Main support at $1420.00 level crucial for bullish scenario, with potential target of $1507.00
- Expected trading range for today is between $1440.00 and $1500.00, trend forecast is bullish
Platinum price provided new positive signal by its rally above the barrier at$1420.00, announcing its readiness to resume the main bullish attack by hitting $1476.90 level, to form sideways fluctuation to gather the required bullish momentum in the current trading.
Note that the bullish scenario will remain valid, depending on forming a main support at $1420.00 level, the continuation of providing positive momentum by the main indicators will increase the chances of targeting $1507.00 level, to face 2.00%Fibonacci extension level.
The expected trading range for today is between $1440.00 and $1500.00.
Trend forecast: Bullish
Copper price prefers the positivity– Forecast today – 18-7-2025.
Despite the weakness of copper price trading, its success in holding above support level at $5.3200 reinforces the chances of renewing the bullish rally, by the attempt to provide clear pressures on the barrier at $5.5100.
We recommend waiting to breach the current barrier to open the way towards achieving several gains, which might begin at $5.6700 and $5.9700, while the decline below the support will cancel the bullish suggestion in the near trading, which forces it to suffer some losses by reaching $5.1500 and $4.9800.
The expected trading range for today is between $5.4200 and $5.6700
Trend forecast: Bullish
The (ETHUSD) soars high-Analysis- 18-07-2025
The (ETHUSD) price kept rising in its last intraday trading, with full dominance of the main bullish trend on the short-term basis and its trading alongside main and minor bias lines, to breach its current resistance at $3,500, taking advantage of the positive pressure due to its trading above EMA50, besides the emergence of the positive signals on the (RSI), after its success in offloading its overbought conditions, opening the way for achieving more of the gains.
Brent crude oil is attempting to get rid of its negative pressure- Analysis-18-07-2025
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