Copper price succeeded in this morning to form new bullish wave, surpassing the barrier at $4.8900 level, attempting to confirm regaining the suggested bullish attack.

Stochastic reach to the overbought level confirms facing strong bullish pressures, to ease the mission of reaching the extra stations that are located near $4.9600 and $5.0300, confirm the importance of the trading rise in the current period above $4.8100 level, to avoid any losses that might be caused by the attempts of changing the bullish trend.

The expected trading range for today is between $4.8600 and $5.0300

Trend forecast: Bullish

The (ETHUSD) price rose in its last intraday trading, surpassing the critical resistance level at $2,450 to move in its way to breach this resistance that needs a close above it to confirm this breach, especially with the emergence of the positive signals on the (RSI), besides the dynamic support that is represented by its trading above its EMA50, besides its affection by breaching a bearish correctional trend line on the short-term basis.

The (Brent) price moves in limited range of the sideways trading in the intraday levels, taking advantage of the positive support that comes from the stability of the significant support at  $66.50, which prevented extending the previous sharp decline, although the price remains under negative pressure due to its trading below EMA50, with the emergence of the negative signals on the (RSI).

The (silver) price rose in its last intraday trading, amid its affection by a positive technical formation of the short-term basis, which is the falling wedge pattern, supported by the emergence of the positive signals on the (RSI), despite reaching overbought levels, to attempt to surpass the negative pressure of the MEA50, opening the way for achieving more of the gains.