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Platinum price reaches the support level– Forecast today – 18-5-2026

Economies.com
2026-05-18 05:04AM UTC

Platinum price continued forming bearish corrective trading, affected by forming additional barrier at $2060.00 level, reaching the initial support at $1950.00, to achieve the previously suggested corrective target.

 

The continuation of the negative pressure, specifically by stochastic attempt to reach the oversold level, which might force the price to suffer extra losses by reaching 1910.00 followed by the next support at $1865.00, while breaching $2060.00 level, and holding above it will provide a chance for renewing the bullish attempts by its rally towards $2130.00.

 

The expected trading range for today is between $1910.00 and $2030.00 

 

Trend forecast: Bearish

Copper price keeps delaying the positivity– Forecast today – 18-5-2026

Economies.com
2026-05-18 05:04AM UTC

Copper price remains affected by the bearish corrective trend, due to its stability below $6.5400 level, to notice resuming the attempts of gathering gains by reaching $6.1400, to approach the initial support at $6.1000.

 

The main indicators contradiction forces the price to delay the bullish attempts in the current period, to form mixed sideways trading, and there is a chance for reaching below the current support, to expect targeting $5.9500 and $5.8000, while activating the bullish trend depends on the stability above $6.3800.

 

Today's expected trading range is $6.1000 and $6.3000.

 

Trend forecast: Bearish

Ethereum (ETHUSD) Faces Sharp Decline – Analysis – 18-05-2026

Economies.com
2026-05-18 02:53AM UTC

Ethereum continued its intraday decline, amid the dominance of a short-term bearish trend, with the price moves alongside supportive trendline for this path, besides the continuation of the negative and dynamic pressure due to its trading below EMA50, this bearish momentum is supported by negative signals from the relative strength indicators after reaching overbought conditions, which adds additional pressure on price stability and increases the likelihood of further downside movement.

 

 

Brent Crude Oil Extends its Gains – Analysis – 18-05-2026

Economies.com
2026-05-18 02:50AM UTC

 

Brent Crude Oil kept rising during recent intraday trading, benefited from the dynamic support that comes from its trading above EMA50, preparing to reach the key resistance at $109.00, amid the dominance of the main bullish trend on short-term basis, with its trading alongside supportive trend line for this path, beside the emergence of the positive signals from the relative strength indicators, despite its stability in overbought levels.