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Platinum price resumes the rise– Forecast today – 23-1-2026

Economies.com
2026-01-23 06:43AM UTC

Platinum price didn’t get enough by reaching the target at $2602.00, to notice its sharp reaction with the positiveness of the main indicators and recording new historical gains by its rally towards $2689.50.

 

There is no escape from recording extra historical gains, to expect reaching $2710.00 and $2764.00, while its decline below $2460.00 and providing negative close will confirm the attempt to activate the profit-taking attempts by reaching towards $2410.00 and $2355.00 directly.

 

The expected trading range for today is between $2710.00 and $2600.00

 

Trend forecast: Bullish

Copper price achieves the initial target– Forecast today – 23-1-2026

Economies.com
2026-01-23 06:43AM UTC

Copper price reached the initial corrective target at $5.6200, to begin forming new bullish waves, taking advantage of providing bullish momentum by stochastic, the price might begin building some bullish waves, depending on forming initial main support at $5.5100 level, which increases the chances of surpassing the barrier at $5.9700, then achieving new all time highs by its rally towards $6.1200 and $6.2100.

 

While the price declines below $5.5100 and holding below it will force it to provide bearish corrective trading, which forces it to suffer extra losses by reaching $5.3900 initially.

 

The expected trading range for today is between $5.6500 and $5.9700

 

Trend forecast: Bullish

The (ETHUSD) is rising, affected by a key support- Analysis- 23-01-2026

Economies.com
2026-01-23 03:27AM UTC

The (ETHUSD) price rose in its last intraday trading, due to the stability of the key support at $2,900, which represents expected target in our previous analysis, attempting to recover some of its previous losses, attempting to offload some clear oversold conditions on relative strength indicators, especially with the emergence of positive overlapping signals, amid the continuation of the dynamic pressure due to its trading below EMA50, with the dominance of steep minor bearish wave on short-term basis.

 

 

Brent crude oil reaches the simple moving average- Analysis- 23-01-2026

Economies.com
2026-01-23 03:24AM UTC

 

The (Brent) price settles on gains in its last intraday trading, after recovering some previous losses, and it managed to offload its clear oversold conditions on relative strength indicators, reaching the resistance of EMA50, reducing its last gains amid the dominance of bearish corrective wave on short-term basis, that threatens the stability of the intraday gains, which makes it vulnerable to any potential rebound.