Platinum price showed clear positive stability above 920.00 support line, to activate the bullish track again and notice achieving 976.00 level recently, also, stochastic exit from the oversold areas will increase the chances of resuming the bullish attempts, to expect targeting the moving average 55 at 1002.00 soon, while surpassing it might extend trades towards 1040.00 and 1070.00 levels.

The expected trading range for today is between 955.00 and 1002.00

The expected trend for today: Bullish

Copper price succeeded to renew the bullish track by confirming breaching 4.3600 barrier, to manage to achieve clear gains by reaching 4.4745 and record the first target suggested in the previous report.

We notice that stochastic keeps providing the positive momentum, to increase the efficiency of the bullish track, expecting to target new positive stations that might extend towards 4.5200 followed by 4.6200 levels.

The expected trading range for today is between 4.3800 and 4.5200

The expected trend for today: Bullish

Wheat price traded with clear negativity in the previous sessions to break 881.50 level and moves below it, but it’s still above the main bullish channel’s support line, noticing that the EMA50 supports the price from below, while stochastic provides clear oversold signals now.

Therefore, these factors encourage us to suggest resuming the bullish trend in the upcoming sessions, which targets 838.00 as a next station, noting that breaking 794.00 will stop the expected rise and press on the price to turn to decline.

The expected trading range for today is between 794.00 support and 830.00 resistance.

The expected trend for today: Bullish

Sugar price fluctuates near 19.16 level, facing solid resistance there, waiting to get positive momentum that assist to push the price breach this level and confirm rallying towards 19.72 that represents our next positive target.

Until now, we will continue to suggest the bullish trend conditioned by the price stability above 18.70 and the most important above 18.25.

The expected trading range for today is between 18.60 support and 19.50 resistance

The expected trend for today: Bullish