Copper price didn’t move anything until this moment, due to the continuation of the main indicators besides the stability above the additional support level at $5.5100, which forces it to provide weak trading by its continuous stability near $5.6500.

The stability of the extra support that might help it to activate some bullish attempts in the current period, to expect recording some gains by its rally towards 5.8500 reaching $5.9700 barrier, while breaking the support and holding below it will allow it to reach the corrective stations, which might begin at $5.3900 and $5.2000.

The expected trading range for today is between $5.5500 and $5.8500

Trend forecast: Bullish

Ethereum (ETHUSD) has experienced some volatility during its recent intraday trading, following the consolidation at the resistance level of $2,370. It is attempting to gain positive momentum that may help it break through this resistance. This is supported by continued trading above the EMA50, which strengthens the stability and dominance of the main short-term uptrend, with movements aligned along a minor supportive trendline.

In the background, we also notice the emergence of a positive crossover on the relative strength indicators after the price managed to ease its overbought condition, giving it more room to achieve additional gains in the near term.

Brent crude oil prices declined slightly during their recent intraday trading, amid attempts to gain positive momentum that may help maintain the main short-term uptrend. This comes alongside movements along with a minor supportive trendline, as well as continuous dynamic pressure from trading above the EMA50. Additionally, positive signals are re-emerging in the relative strength indicators, which enhances the chances of price recovery in the coming period.

The USDCHF pair advanced during its recent intraday trading, following a downward move aimed at forming a higher low that could serve as a base to support a recovery and a new bullish move. The short-term bullish trend remains dominant, with price movements aligned along a minor supportive trendline. Additionally, positive pressure continues as the pair trades above its EMA50.

In the background, we notice the emergence of a positive crossover on the relative strength indicators after it reached heavily oversold levels.