Platinum price launched a strong bearish attack in yesterday’s trading, pressured by its fluctuations below the additional resistance extending toward $1650.00. As a result, the price has reached its initial main target at $1555.00.

The price may be forced to move sideways for some time. However, the main technical indicators are converging to signal negative momentum, increasing the likelihood of a renewed bearish attack. We expect the price to move toward $1510.00 and $1480.00.

The expected trading range for today is between $1510.00 and $1600.00

Trend forecast: Bearish

Copper price intensified its bearish attack in yesterday’s trading, driven by recurring negative pressure, breaking below our previously suggested first target at $6.3000. This has kept the price trading below the 55-period moving average.

We note that continued stability below the resistance level at $6.6100, alongside the negative momentum signals from the main technical indicators, could strengthen the bearish pressure. We therefore expect the price to attempt a move toward support near $6.2400. A break below this level would pave the way for further declines toward additional targets, potentially starting at $6.1100.

The expected trading range for today is between $6.2400 and $6.4300

Trend forecast: Bearish

Silver is trading near $54.05 on the 4-hour chart, inside the falling channel that has guided prices lower since September. The latest rejection came near $58.09 at the top of the channel, and the drop that followed took silver to a fresh low near $53.43, just under the $53.46 support, before a small bounce.

If $53.46 gives way on a closing basis, $52.41 and then $51.39 come into play. On the upside, silver needs to clear $54.53 first, then $55.77.

Moving Average Crossover Reinforces Bearish Pressure

Signs of resistance are anticipated near that average given its accelerating downward slope, reflecting increasing seller momentum. The average has also declined below the recent minor lower swing high of $62.09 and is approaching a cross below the falling channel’s midline. Those signs support the bearish implications of the recent moving average crossover, in which the 20-day moving average crossed below the 50-day moving average, reinforcing short-term bearish momentum. Together, these factors suggest that any recovery may encounter selling pressure before reaching the upper channel boundary.

Breakdown Risks Extend Toward $48.29

Finally, a further support reference lies near $54.49, defined by the high of a resistance shelf that began forming in October 2025. Given this nearby support, a break to new lows should be treated cautiously until additional technical evidence confirms the breakdown. However, if price continues to fall and these support levels fail to hold, silver could eventually test support near the 78.6% Fibonacci retracement at $48.29. For now, the $55.40 low remains the immediate decision point, with a breakdown favoring trend continuation and a sustained recovery potentially establishing a higher swing low.

Natural gas price remains under negative pressure, having recently recorded a sharp decline and settling near $2.730, breaking below the additional support level at $2.820.

Continued trading below the broken support will force the price to maintain its bearish attempts, renewing pressure on the support level at $2.620, which serves as the key level for confirming the overall direction of upcoming trading.

The expected trading range for today is between $2.620 and $2.900

Trend forecast: Fluctuating 

GBPJPY surged to 211.98, approaching the main resistance barrier at 212.10, before quickly reversing toward 211.20, confirming its continued commitment to the main bearish trend.

The main indicators are aligned in supporting the bearish outlook, as the 55-period moving average remains near the main resistance barrier. This favors further downside attempts, potentially targeting 210.40 and 209.60. However, a successful breakout above the main resistance could trigger a strong bullish rally toward several positive targets, starting at 212.65 and extending to 213.25.

The expected trading range for today is between 210.40 and 212.00

Trend forecast: Bearish