Platinum price has maintained its bearish path after breaking below the support level at $1,605.00, currently fluctuating near the first additional target at $1,565.00.

With continued negative momentum and the formation of the $1,660.00 level as an additional resistance barrier, the price is expected to form new bearish waves, targeting $1,490.00, followed by the next support level at $1,440.00.

The expected trading range for today is between $1,490.00 and $1,630.00.

Trend forecast: Bearish

Copper  continued forming bearish corrective movements since yesterday’s trading, taking advantage of its break below the additional support level at $6.1000. The price managed to reach the first target at $5.900 before showing a temporary positive rebound aimed at gathering additional negative momentum.

Currently, we are relying on the $6.3000 level as the first major resistance barrier. If negative momentum remains available, the price is expected to resume its corrective decline, with potential targets at $5.8000 and $5.7300.

The expected trading range for today is between $5.8000 and $6.1500.

Trend forecast: Bearish

(ETHUSD) settles with strong gains in its recent intraday trading due to the stability of the key support at $1,550, which was our last expected target, providing bullish momentum that helped it to achieve these gains, to recover some of its previous losses, and offloading its oversold conditions on the relative strength indicators, especially with the emergence of the positive signals from them, amid the continuation of the negative pressure that comes from its trading below EMA50, reinforcing the stability and dominance of the main bearish trend on the short-term basis.

Brent crude oil extended its losses during recent intraday trading after breaking below the $75.00 support level, which was our last expected target, amid the continuation of the dominant short-term bearish trend.

with the continuation of the negative pressure due to its trading below EMA50, which reduces the chances of full recovery on the near-term basis, especially with the emergence of the negative signals from the relative strength indicators, despite reaching oversold levels.