Despite the weakness of Platinum price last trading, its repeated stability within the bullish track that depends on forming an extra support at $1225.00 level makes us keep the bullish suggestion in the near period trading, to keep waiting for gathering the positive momentum to ease the mission of breaching $1333.00 level, to attempt to reach the next main target near $1365.00.

By the above image, we notice stochastic rally above 50 level, moving with our bullish scenario by providing the required positive momentum to reach the mentioned targets.

The expected trading range for today is between $1290.00 and $1365.00

Trend forecast: Bullish

Copper price failed to breach the $4,8900 level, which represents an extra obstacle against the attempts to resume the bullish attack, forcing it to provide sideways fluctuation near $4.8600, attempting to gather the required positive momentum.

Therefore, we will keep waiting for achieving the required breach, to open the way towards recording more of the gains that begin at $5.0300 and $5.1300, while the failure to breach might increase the chances of forming a temporary negative rebound, to expect targeting $4.7500 level before any attempt to achieve any of the suggested bullish targets. 

The expected trading range for today is between $4.8200 and $4.9000

Trend forecast: Sideways until achieving the breach

The (ETHUSD) price settled with a rise in its last intraday trading, amid its affection by breaching a bearish correctional bias line on the short-term, facing the resistance of EMA50, gathering the gains of its previous rises, attempting to gain the required positive momentum to assist it to get rid of the negative pressure, and attempts to offload some of its clear overbought conditions on the (RSI), especially with the beginning of the negative signals emergence from there.

The (Brent) price settled low in its last intraday trading, after reaching our target at the support at $66.50, affected by the stability of this support that assisted the price to settle, attempting to recover some of its previous losses, at the same time it is attempting to offload its clear oversold conditions on the (RSI), especially with the emergence of the positive signals from there, amid the dominance of a bearish correctional wave on the short-term basis.