Copper price provided positive close above $5.9700 level, which represents a strong barrier against the bullish attempts to confirm its readiness to resume the bullish attack, reaching $6.10500.

Note that stochastic fluctuation within the overbought level will increase the chances of targeting new positive stations by its rally towards $6.1550 reaching the next resistance at $6.2500.

The expected trading range for today is between $6.000 and $6.1550 

Trend forecast: Bullish

Ethereum price (ETHUSD) rose slightly during its recent intraday trading, preparing once again to test the key resistance level at 52,380, supported by continued trading above its EMA50, which reinforces the stability and dominance of the main short-term bullish trend. The price is also moving alongside a trendline that supports this bullish path. In addition, positive signals continue to emerge from relative strength indicators after previously reaching oversold levels.

Brent crude oil is holding lower during its recent intraday trading, under the dominance of a short-term corrective downward wave, while moving along a trendline that supports this bearish path. Negative pressure continues as the price trades below EMA50, which reduces the chances of recovery in the near term.

This comes alongside negative signals from relative strength indicators after the price managed to ease its oversold condition, which further supports the bearish outlook.

The USDCHF pair declined during its recent intraday trading, amid the dominance of a short-term corrective downward wave. The price is moving along a steep bearish trendline, reflecting the strength of this bearish momentum, especially as it continues to trade below EMA50, which reinforces the stability and dominance of the main bullish trend on short-term basis, especially with negative signals emergence from relative strength indicators after reaching overbought levels compared to price movement, increasing the selling pressure surrounding the pair.