The EUR/USD pair was energized in latest intraday trading, rising in an attempt to recoup some recent losses, while venting off oversold saturation in the Stochastic, with the price testing the resistance of a downward correctional trend line in the short term, bouncing off it downward once more.

 Natural gas price formed weak sideways trading yesterday near $3.880 in an attempt to shake off negative signals from the Stochastic, while holding repeatedly above the support of $3.750.

It’s likely an indication of the strength of the upward trend towards $4.060, thus sending the price even higher to $4.180.

Expected trading range today is between $3.750 and $4.060.

Today’s price forecast: Bullish as the support holds 

Platinum price was trapped in a tight range of trading near the $983 barrier on one hand, and  the 55-day SMA support of $964 on the other hand,  therefore we stand neutral until the price commits to a single path.

A breach of the current support would send the price towards $950.00, while an upward breach would send it towards $1000.00 first then the next major target at $1017. 

Expected trading range today is between $964 and $983.

Today’s price forecast: Neutral 

Copper price closed higher once again above $5.000, paving the way for more gains, especially as the Stochastic exited overbought saturation levels and held near 80, providing more positive signals and pushing the price towards $5.3200 then $5.4100.

A breach of the $5.000 barrier however would send the price towards lesser targets, including $4.9100 and $4.8100.

Expected trading range today is between $5.100 and $5.4100.

Today’s price forecast: Bullish