Platinum price provided sideways trading by its stability near $2080.00, affected by the contradiction between the main indicators’ positivity and the negative stability below $2245.00.

We expect providing more sideways trading until gathering the required negative momentum, to begin achieving the corrective targets near $1950.00 and $1860.00.

The expected trading range for today is between $1950.00 and $2120.00

Trend forecast: Bearish

Copper prices forced to provide slow trading recently, due to the contradiction between the main indicators, fluctuating near $5.8500 level without recording any new corrective target.

Reminding you that the stability below $5.9700 barrier makes us keep the bearish corrective scenario, which might target $5.7200 level reaching $5.5100 support, while breaching the barrier will reinforce the chances of forming new bullish waves, to attempt to record extra gains by reaching $6.1200.

The expected trading range for today is between $5.5100 and $5.9500

Trend forecast: Bearish

The (ETHUSD) price declined slightly in its last intraday trading, after reaching EMA50’s resistance, putting it under negative pressure, which intensifies with the dominance of the main bearish trend on short-term basis. This decline came after offloading its oversold conditions on relative strength indicators, entering exaggerated overbought levels compared to the price move, indicating a quick fading in the bullish momentum.

The (Brent) price settles on gains in its last intraday trading, amid the dominance of the main bullish trend on short-term basis, with its trading alongside supportive trend line for this path, taking advantage of the positive pressure due to its trading above EMA50, reinforcing the chances of extending its intraday gains, especially with the emergence of positive signals from relative strength indicators, despite reaching overbought levels.