Platinum price continued to provide temporary sideways trades, to keep its negative stability below 50% Fibonacci correction level at 950.00, thus, we will keep our bearish overview for the upcoming period, assuring the importance of gathering the additional negative momentum to manage to decline below 910.00 and reach the main stations at 875.00 and 850.00.

The expected trading range for today is between 950.00 and 875.00

The expected trend for today: Bearish

Copper price didn’t provide any new negative attack, affected by stochastic contradiction against the continuous stability below 4.3625 barrier, to continue forming sideways fluctuations near the moving average 55.

Therefore, we will keep waiting to gather the additional negative momentum to manage to hold within the bearish track followed by waiting to achieve the main targets by moving towards 4.1800 and 4.0400 levels.

The expected trading range for today is between 4.3300 and 4.1800

The expected trend for today: Bearish

Wheat price rallied upwards strongly to breach 787.00 level and settles above the main bullish channel’s support line again, to stop the correctional bearish trend scenario and head towards resuming the main bullish trend again, on its way to achieve positive targets that start by testing 811.50 level.

Therefore, the bullish bias will be suggested for the upcoming period conditioned by the price stability above 789.00 and the most important above 773.30.

The expected trading range for today is between 785.00 support and 811.50 resistance.

The expected trend for today: Bullish

Sugar price consolidated above 18.25 level, to show signals of forming ascending bottom that hints the beginning of new bullish wave, which makes us stay aside until we get clearer signal for the next trend, through breaching 18.70 resistance or breaking 18.25 support.

Note that breaching the mentioned resistance will confirm the beginning of the new bullish wave to head towards 19.16 followed by 19.72. levels as main positive targets, while breaking the support will press on the price to visit 17.70 level direct.

The expected trading range for today is between 18.20 support and 19.00 resistance

The expected trend for today: Neutral