Platinum price resumes the rise– Forecast today – 11-6-2025
Platinum price announced its continuous surrender to the bullish bias domination by surpassing the resistance at $1223.00 level, to notice achieving extra gains by hitting $1240.00.
Despite the stability of stochastic within the overbought level but the price success to settle above $1223.00 will increase the chances for targeting new bullish stations that might extend to $1255.00 reaching the previously achieved top at $1275.00.
The expected trading range for today is between $1220.00 and $1255.00
Trend forecast: Bullish
Copper price awaits the positive momentum– Forecast today – 11-6-2025
Copper price remains stable until this moment below $4.8900 level, which decelerates the chances for renewing the bullish attempts, to keep preferring the sideways bias domination in the near trading, and there is a possibility to form some correctional waves that target $4.7500 reaching $4.6600 level.
While the price success to breach the mentioned barrier and hold above it will reinforce the chances for renewing the bullish attempts, to expect reaching $5.0300 followed by the next barrier at $5.1000.
The expected trading range for today is between $4.7500 and $4.8900
Trend forecast: Fluctuated within the bullish track
Ethereum (ETHUSD) soars high -Analysis- 11-06-2025
The (ETHUSD) price continued the rise in its last intraday trading, confirming breaching the critical resistance level at $2,735, amid the dominance of the main bullish trend on the short-term basis, with the continuation of the positive support that comes from its trading above EMA50, besides the price success in offloading its overbought condition on the (RSI), opening the way for achieving more of the rises.
Brent crude oil is looking for a higher low -Analysis-11-06-2025
The (Brent) price settled low in its last intraday trading, attempting to look for a higher low to take it as a base that assist it to gain the required positive momentum to recover, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, and there are positive overlapping signals on the (RSI), after reaching exaggerated oversold levels, suggesting the beginning of forming a positive divergence, which will increase the positive momentum of the price.