Platinum price attempted to provide some positive waves yesterday, while facing the MA55 at 900.00 and holding below it supports the chances of motivating the bearish track now, also, stochastic continuous negative momentum allows us to wait to target the negative stations at 880.00 followed by reaching 855.00 support line.

The expected trading range for today is between 900.00 and 880.00

The expected trend for today: Bearish

Copper price rallied above 3.7300 yesterday, to cancel the negative pattern and hint postponing the decline for now by settling near the MA55 at 3.7600, noticing that stochastic rally towards 80 level contradicts the negative attempts, which allows us to suggest some bullish attempts for the near-term period and expect targeting 3.8100 and 3.8600 levels.

On the other hand, regaining the bearish bias requires forming strong negative waves, to settle below 3.6700 followed by attempting to press on the major support at 3.5900.

The expected trading range for today is between 3.7000 and 3.8100

The expected trend for today: Bullish

Wheat price provided strong negative trades yesterday to succeed reaching our extended target at 560.00, and we suggest the continuation of the bearish bias on the intraday and short-term basis, to head towards targeting 549.70 areas as a next main station.

Therefore, the bearish trend will remain dominant in the upcoming sessions, taking into consideration that breaching 572.00 will stop the current negative pressure and lead the price to achieve some intraday bullish correction before turning back to decline again.

The expected trading range for today is between 540.00 support and 570.00 resistance.

The expected trend for today: Bearish

Sugar price broke 22.60 level clearly and closed the daily candlestick below it, to complete forming the double top pattern and head towards achieving negative targets that start by visiting 21.35 areas, making the bearish bias suggested in the upcoming sessions.

Moving below the EMA50 supports the continuation of the expected bearish wave, which will remain valid unless breaching 22.60 and holding above it again.

The expected trading range for today is between 21.70 support and 22.50 resistance

The expected trend for today: Bearish