Platinum price ended yesterday’s trading by providing positive signal by its rally above the sideways track that is represented by $1605.00 level, announcing its readiness to resume the main bullish attack, to record extra gains by hitting $1625.00 level.
Note that stochastic reaching towards the overbought level will increase the chances of gathering bullish momentum to ease the mission of recording extra gains by its rally towards $1660.00 reaching the next main target at $1692.00, while the risk of changing the trend is represented by breaking the support at $1520.00.
The expected trading range for today is between $1580.00 and $1640.00
Trend forecast: Bullish
Copper price confirmed the positive scenario by its stability within the bullish channel’s levels, fluctuating near $5.1000, to move away from the extra support at $4.7500.
Note that gathering positive momentum is important to form strong bullish waves, to surpass the barrier at $5.2000 level, to extend the trading towards the extra stations at $5.3200 and $5.5000.
The expected trading range for today is between $4.9000 and$5.3200
Trend forecast: Bullish
The (ETHUSD) price rose slightly in its last trading on the intraday levels, as it is leaning on the support of EMA50, gaining some bullish momentum that helped it achieve these gains, amid the dominance of the main bearish trend and its trading alongside supportive minor trend line of this track on the short-term basis, with the emergence of the negative signals on the relative strength indicators, after offloading its oversold conditions, opening the way for recording more of the losses.
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The (Brent) price settled with sharp losses in its last intraday trading, affected by the negative pressure due to its trading below EMA50, and the dominance of the main bullish trend on the short-term basis, to break the key support at $62.75, intensifying the negative pressure on the price, on the other hand, we notice the emergence of positive overlapping signals on the relative strength indicators, after reaching oversold levels, which might reduce its upcoming losses.
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Subscribe via TelegramFull VIP signals performance report for 20-31, October 2025: