Platinum price reached the $1305.00 level, recording the suggested extra target then begin forming bearish correctional trading by its rebound to $1265.00.

We expect forming and extra barrier at $1305.00 level, and stochastic attempt to exit the overbought level, the continuation of providing correctional trading to gather some of its gains by reaching $1250.00 reaching the initial support at $1225.00, while breaching the barrier will confirm the price move to a new bullish track, to expect its rally towards $1340.00.

The expected trading range for today is between $1225.00 and $1305.00

Trend forecast: Bearish

Copper price neediness to the momentum in the last trading led to delay the bullish attempts, to notice its fluctuations below the barrier near $4.8100, and providing an intraday negative rebound at $4.7100.

Note that the price success to settle above 50% Fibonacci correction level at $4.6600 will assist to reinforce the chances for activating the bullish track until breaching the mentioned barrier, while breaking this support will increase the negative pressure on the current trading, which force it to suffer extra losses by reaching $4.6000 and $4.5300.

The expected trading range for today is between $4.6600 and $4.8100

Trend forecast: Fluctuated within the bullish track

The (ETHUSD) price declined in its last intraday trading, surpassing the support of its EMA50, with the emergence of the negative signals on the (RSI), despite reaching oversold levels, with put it under negative pressure, which broke the main bullish trend line on the short-term basis, which increases the possibilities for the continuation of the decline.

The (Brent) price witnessed a remarkable rise in its last intraday trading, amid the dominance of the main bullish trend on the short-term basis alongside a bias line, with the continuation of the positive pressure due to its trading above its EMA50, besides the emergence of the positive signals on the (RSI), after it succeeded in offloading its overbought levels in its previous trading , which opens the way for achieving more of the rises.