Platinum price provided strong negative attack yesterday to break the initial support at 1040.00 which forms that waited target in our previous report, to hint resuming the negative attack by reaching 1025.00.

Now, the continuous negative momentum by the major indicators will increase the chances of reaching new negative stations, to target 1005.00 level as a first station for the bearish track, while 965.00 support line might form the last station for the current trades.

The expected trading range for today is between 1040.00 and 1000.00

The expected trend for today: Bearish

Copper price continued to react to the negative factors, represented by the negative stability below 3.7500 barrier, in addition to the negative momentum coming by the major indicators, to notice its approach to the main target at 3.5000.

Note that succeeding to break 3.5000 and providing negative close below it will open the way resume the negative attack and suffer new losses that might start at 3.4300 and 3.2500 levels.

The expected trading range for today is between 3.6500 and 3.5000

The expected trend for today: Bearish

Wheat price bounced downwards clearly after testing 629.40 level in the previous sessions, to resume the main bearish track and approach our first waited target at 603.10, noting that breaking this level will push the price to 590.00 areas as a next station.

Therefore, we will continue to suggest the bearish trend that gets continuous support by the EMA50 unless breaching 629.40 and holding with a daily close above it.

The expected trading range for today is between 595.00 support and 620.00 resistance.

The expected trend for today: Bearish

Sugar price provided new negative trades yesterday to reach the thresholds of the waited target at 25.25, and we expect to break this level to open the way to extend the correctional bearish wave to reach 24.30 aeras.

By taking a deeper look at the chart, we find that the price is forming double top pattern that its confirmation line located at 24.90, which means that breaking this level will push the price to achieve additional negative targets that extend to 23.50.

Therefore, we will continue to suggest the bearish trend for the upcoming period unless breaching 26.00 and holding above it.

The expected trading range for today is between 24.80 support and 25.60 resistance

The expected trend for today: Bearish