The AUDUSD pair resumed its negative trading strongly to break 0.7560 level and close the last four hours’ candlestick below it, which reinforces our expectations to continue the bearish trend in the upcoming period, waiting to head towards our next main target at 0.7415.

The EURUSD pair shows weak trading since morning and fluctuates around the key resistance 1.1100, reminding you with the weak trading today affected by the US markets’ holidays, while stochastic reaches the overbought areas hinting a return to trade negatively.

In general, our neutrality still valid until the price manages to confirm breaching one of the next trend keys represented by 1.0990 support and 1.1100 resistance.

Copper price failed to exit the sideways range until this morning affected by stochastic positive attempts that remains stable near 80 level, thus, we expect the domination of the sideways range for the upcoming trading until the price manages to get new negative momentum that allows it to form bearish waves to target 2.4000 level.

Expected trading range for today is between 2.6600 and 2.5000

Expected trend for today: Sideways

Platinum price rallied positively yesterday to negotiate the moving average located at 1085.00 and support the negative domination until this morning, while in general, the stability of 1090.00 resistance line supports the bearish overview for the upcoming period until the price reaches 1065.00 followed by 1045.00.

Stochastic approach from the overbought areas supports offering negative pressure for the upcoming period, to keep the bearish expectations conditioned by holding below the above mentioned resistance.

Expected trading range for today is between 1090.00 and 1045.00

Expected trend for today: Bearish