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Platinum price without anu new– Forecast today – 30-5-2025

Economies.com
2025-05-30 06:43AM UTC

Despite the stability of Platinum price above the support near $1056.00, but the contradiction between the main indicators explains the sideways fluctuations without recording any new positive target, to notice its stability near $1075.00.

 

We will keep waiting to gather the required positive momentum to confirm breaching the barrier at $11000.00 then beginning to target the main positive stations at $1125.00 and $1158.00.

 

The expected trading range for today is between $1068.00 and $ 1100.00

 

Trend forecast: Bullish

Copper price is weak– Forecast today – 30-5-2025

Economies.com
2025-05-30 06:42AM UTC

No change on copper price’s current negativity by its repeated fluctuation below 50%Fibonacci correction level at $4.6600, besides the continuation of suffering negative pressure by stochastic approach from 20 level, therefore, we will keep preferring the negative trading in the near period, which might target $4.5500 reaching the support at $4.4900.

 

 Note that regaining the bullish bias is conditioned by forming a strong bullish rally, to succeed to breach 61.8%Fibonacci correction level at $4.8100.

 

The expected trading range for today is between $4.5000 and $4.6600

 

Trend forecast: Bearish

 

Ethereum (ETHUSD) exhausted its positive chances -Analysis-30-05-2025

Economies.com
2025-05-30 03:43AM UTC

The (ETHUSD) price declined in its last intraday trading, due to the stability of the critical resistance level at $2,730, to slip after its decline, accompanied by the emergence of the negative signals on the (RSI), to lean on a minor bullish trend on the short-term basis, with its lean on the support of its EMA50, in attempt to gain the required positive momentum to recover.

 

 

 

Brent crude oil is in its way to break critical support -Analysis-30-05-2025

Economies.com
2025-05-30 03:35AM UTC

 

The (Brent) price declined in its last intraday trading, amid the continuation of the negative pressure that comes from its trading below its EMA50, to surpass the key support at $63.20, which will form a dividing point in the price intraday trading especially when breaking it, the beginning of positive overlapping signals appearance on the (RSI) makes us wait for this break, after reaching oversold levels, which might decelerate the losses temporarily.