The EUR/USD price edged higher in latest intraday trading, while moving alongside the downward correctional trend line in the short term, under the impact of the Double Top pattern, as the price tries to recoup some recent losses.

Natural gas prices fell and hit $3.810, thus approaching the support of $3.750, which is the key for deciding the overall trend in the near and medium term.

The price is now approaching the 55-day SMA support, which would reinforce its stability, while the Stochastic sends out positive signals, which boost the price further towards the resistance of $4.050, then $4.180.

Expected trading range today is between $3.750 and $4.050.

Today’s price forecast: Bullish as the support holds 

Platinum price closed lower yet again yesterday, below the $983.00 barrier, and then engaged in sideways trading as major indicators present conflicted signals.

The downward correctional trend still dominates with the price likely targeting $964.00 then $950.00, however, a breach of the above mentioned barrier would renew upward attempts towards $1000 then $1017.

Expected trading range today is between $960 and $985.

Today’s price forecast: Bearish as the barrier holds 

Copper price renewed its upward attempts yesterday after another closure above $5.0300, delaying the previously suggested downward correction and achieving more gains by touching $5.3260.

As the Stochastic exited overbought levels, it’ll reduce the strength of the positive momentum, with the $5.4050 likely representing the final target in the near and medium terms, following by profit-taking and a wave of downward corrections, first toward $5.000 then $4.8900.

Expected trading range today is between $5.1000 and $5.4000.

Today’s price forecast: Bullish as $5.000 holds