Copper price provided bearish corrective waves, affected by the stability below $6.6600 barrier, beside providing negative momentum by stochastic, approaching the extra support at $6.1000.

The continuation of the negative pressure might force it to break the current support, to confirm its readiness to target new corrective stations by reaching $5.9600 and$5.8200, while activating the bullish trend requires providing positive close above at $6.4800 level.

The expected trading range for today is between $6.000 and $6.3600

Trend forecast: Bearish

Ethereum rose in recent intraday trading, attempting to correct the short-term bearish trend. The price continues to move along a descending trendline, while remaining below the EMA50, which limits any sustained recovery and keeps the broader bearish pressure in place.

In addition, a negative divergence has formed on relative strength indicators after reaching deeply overbought levels, signaling weakening bullish momentum and suggesting that the recent upward move may be losing strength.

Brent crude oil rose in recent intraday trading, with the beginning of positive signals emergence of the relative strength indicators after reaching oversold levels, amid its trading alongside minor bearish trend line on the short-term basis, which reduces the chances of sustainable recovery in the upcoming near period, especially if it failed in breaching its key and near resistance levels.

USDCHF kept rising in recent intraday trading, affected by breaching the key resistance at 0.7920, which was our expected target in previous analysis, amid the dominance of the main bullish trend on short-term basis, with its trading alongside main and minor trend lines for this path, with the continuation of the positive pressure that comes from its trading above EMA50, on the other hand, we notice the emergence of negative overlapping signals on the relative strength indicators, after reaching overbought levels, which might reduce the upcoming gains.