Platinum price tests the targeted support– Forecast today – 30-6-2025
Platinum price formed a clear correctional decline, to test the minor bullish channel’s support at $1324.75, to achieve the suggested correctional target in the previous report, then begin forming bullish waves to settle near $1363.00.
The continuation of the fluctuation within the bullish channel’s levels is expected, depending on the stability of the support to expect its rally to $1382.00 and $1400.00. While breaking the support and providing a negative close will confirm its readiness to resume the bearish correctional attack, and $1302.00 level represents the extra negative target.
The expected trading range for today is between $1330,00 and $1382.00
Trend forecast: Bullish
Copper price settles below the barrier– Forecast today – 30-6-2025
Copper price remains stable until this moment below the barrier of $5.1000, which forms a significant liquidity drain zone that forces it to provide sideways trading, despite the attempt of the main indicators to provide positive momentum.
All that supports the chances for activating the bearish correctional track in the near trading, targeting $4.9100 and $4.8500 level, while breaching the barrier and holding above it will reinforce the positive chances again, to open the way for reaching new positive stations that might begin at $5.1900 reaching $5.3200.
The expected trading range for today is between $4.9100 and $5.1000
Trend forecast: Bearish
The (ETHUSD) price breaches critical resistance-Analysis- 30-06-2025
The (ETHUSD) price jumped high in its last intraday trading, to breach the critical resistance level at $2,450, amid the dominance of a bullish correctional wave on the short-term basis, supported by its continuous trading above its EMA50, besides the emergence of the positive signals on the (RSI), after it succeeded in its previous move in offloading its overbought conditions, opening the way towards achieving more of the gains.
Brent crude oil is attempting to recover some of its losses- Analysis-30-06-2025
The (Brent) price rose in its last intraday levels, in order to recover some of its previous losses, where the price settles below the critical support at $66.50, amid the dominance of the bearish correctional trend on the short-term basis, with the continuation of the negative signals on the (RSI), after reaching exaggerated overbought levels compared to the price move.