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Platinum price stabilizes below the 55-period moving average – Forecast today – 2-9-2026
Platinum price came under additional negative pressure during yesterday’s trading, slipping below the 55-period moving average and resuming its bearish corrective move, with the price currently approaching $1711.00.
The proposed scenario for the upcoming trading depends on the strength of the support level at $1695.00. Repeated stability above this level would support maintaining the bullish bias, which could soon target $1780.00 and $1820.00, respectively. However, breaking below this support and holding beneath it would confirm a return to the bearish path, increasing the likelihood of further losses toward $1660.00 and $1625.00.
The expected trading range for today is between $1700.00 and $1780.00
Trend forecast: Fluctuating
Copper price forced lower – Forecast today – 2-9-2026
Copper price ended its recent trading by posting consecutive closes below the barrier at $6.7400, forcing it to succumb to the negative momentum of the Stochastic indicator and form several bearish corrective waves, with the price currently stabilizing around $6.3800.
MoreEthereum (ETHUSD) Price Faces Negative Pressure – Analysis – 02-09-2026
The price of Ethereum (ETHUSD) continued to decline during its recent intraday trading, amid the dominance of a short-term bearish corrective wave, with continued negative pressure resulting from trading below EMA50, which represents dynamic resistance that intensifies the negative pressure and signals the potential for further declines in the near term.
MoreBrent Crude Oil Price Breaks Above Our Price Target with Strong Momentum – Analysis – 02-09-2026
Brent crude oil recorded a series of strong and consecutive gains during its recent intraday trading, breaking above the important resistance level of $93.00, which was our final price target. The price is currently approaching the key resistance level of $96.65, amid continued dynamic support from trading above EMA50, reinforcing the stability and dominance of the short-term bullish trend.
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