Copper price forced to provide slow sideways trading, due to the contradiction of the main indicators against holding below $6.3000 barrier, the price needs to settle below $5.9500 level, reinforcing the chances of targeting the corrective stations, which might begin at $5.8200 and $5.7100.

Surpassing the barrier will cancel the corrective scenario, to open the way for recording clear gains by its rally towards $5.4300 initially, to attempt to surpass $6.5200, to confirm the continuation of the positivity in the upcoming trading.

The expected trading range for today is between $5.9500 and $6.2600

Trend forecast: Bearish

(ETHUSD) declined in its latest intraday trading, with the emergence of negative signals from the relative strength indicators, attempting to look for higher low to use it as a base that might help it to gain the required bullish momentum for its recovery and rising again, amid the dominance of the bullish corrective trend on the short-term basis, with the continuation of the positive pressure that comes from its trading above EMA50, which represents dynamic support that reinforces the recovery chances in the upcoming period.

Brent crude oil settles on series of consecutive gains in its recent intraday trading, benefited from the positive dynamic support that is represented by its trading above EMA50, dominated by a strong bullish corrective wave on the short-term basis, on the other hand, we notice the emergence of negative signals from the relative strength indicators, after reaching overbought levels, which may reduce the upcoming gains due to its neediness to offload some of the overbought conditions.

The USDCHF pair keeps its last gains in its last intraday trading, affected by the dominance of the main bullish trend on the short-term basis, with its trading alongside supportive trend line for this path, with a positive dynamic support that is represented by its trading above EMA50, reinforcing the chances of extending these gains in the near upcoming period, especially with the emergence of the positive signals from the relative strength indicators, despite reaching overbought levels.