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Platinum price repeats the sideways fluctuation– Forecast today – 10-7-2026
Despite the stability of Platinum price above the resistance of the minor bearish channel’s resistance at $1585.00, however it will not affect the bearish scenario due to the stability below the main barrier at $1745.00.
The price might be forced to provide mixed trading with a potential test to $1695.00 level until gathering extra negative momentum, while the price return to settle below $1575.00 will increase the efficiency of the bearish trend, which might target $1510.00 reaching $1445.00.
The expected trading range for today is between $1590.00 and $1680.00
Trend forecast: Fluctuated
Copper price fails to achieve the breakout– Forecast today – 10-7-2026
Copper price failed to break $2.9500 level, affected by the stability of the moving average 55 near it, forcing it to delay the corrective decline and forming some bullish waves, to settle near $6.2000.
MoreEthereum (ETHUSD) recovers– Analysis – 10-07-2026
(ETHUSD) rose in its latest intraday trading, benefiting from the renewed bullish momentum due to its move above EMA50, reinforcing the stability and strength of the bullish corrective trend on the short-term basis, with its move alongside supportive trend line for this path, besides the emergence of the positive signals from the relative strength indicators, despite reaching overbought levels.
MoreBrent Crude Oil Shows More Positive Signs – Analysis – 10-07-2026
Brent crude oil rose slightly in its recent intraday trading, with the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the chances of a recovery and completing the bullish corrective trend on the short-term basis, conditioned by breaching the main bearish trend line.
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