Platinum price repeated forming sideways fluctuation, attempting to reduce the intraday negative effect that comes from stochastic to the oversold level, leaning near the barrier at $1366.00.
Note that stability of the price in the current period above the initial support near $1333.00, reinforcing the chances for gathering the required positive momentum to breach the current barrier, to attempt to achieve several gains by its rally to $1392.00 and $1420.00.
The expected trading range for today is between $1340.00 and $1392.00
Trend forecast: Bullish
Copper price remains stable until this moment within the bullish track, taking advantage of the stability of the extra support at the $5.3200 level, attempting to gather the required extra positive momentum to resume the rise in the near period, reminding you that the initial main stations are stable near $5.7200 reaching the resistance of the bullish channel at $6.0400.
The decline below the support and providing a negative close, so that will force it to form bearish correctional trading, which forces it to suffer some losses by reaching $5.095 and $4.7600 to resume the bullish attack.
The expected trading range for today is between $5.3500 and $5.7200
Trend forecast: Bullish
The (ETHUSD) price settled high in its last intraday trading, gathering the gains of its previous rises, to attempt to offload some of its overbought conditions on the (RSI), especially with the beginning of the negative overlapping signals on it, gathering its positive strength that might assist it to begin a new strong bullish wave, with its success to breach the critical resistance level at $2,875 which represents our target, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line.
The (Brent) price settled low in its last intraday levels, leaning on the support of its EMA50, accompanied by its lean on minor bullish bias line on the short-term basis, as an attempt to gain a positive momentum that might assist it to recover and rise again, especially with the appearance of positive overlapping signals on the (RSI), after reaching oversold levels, which suggest the beginning of forming positive divergence, which will intensify the positive momentum.