Copper continues the positive attempts – Analysis – 3/9/2015
Economies.com
2015-09-03 07:27AM UTC
Copper price didn’t reach any new positive targets until now, while we keep our bullish overview for the near term basis due to the stability of 2.2500 support line, and we remind you that the waited target is located at 2.5000 that forms the moving average 55, keeping its stability within the main bearish channel that appears on chart.
Note that attempting to break the current support will cancel the bullish attempts and resume the main bearish bias that targets 2.0500.
Expected trading range for today is between 2.2500 and 2.4000
Expected trend for today: Bullish
Commodities News
Commodities
How did gold become a major component in Nvidia's signature GPUs?
2024-04-25 20:32PM UTC
Nvidia has witnessed one of the most stunning success stories in recent years.. But before we get ...
Commodities
Oil prices lost ground despite large US inventory drawdown
2024-04-24 20:42PM UTC
Oil prices fell on Wednesday despite earlier official data that showed a steep decline in US crude ...
Commodities
US crude stocks fall more than expected
2024-04-24 16:29PM UTC
The Energy Information Administration reported a drop of 6.4 million barrels in US crude stocks ...
Commodities Technical Analysis
Commodities
No new for natural gas price – Forecast today – 26-4-2024
2024-04-26 06:51AM UTC
Natural Gas Price Analysis Expected Scenario Natural gas price returned to form weak ...
Commodities
Platinum price confirms the positivity – Forecast today – 26-4-2024
2024-04-26 06:43AM UTC
Platinum Price Analysis Expected Scenario Platinum price succeeded to hold above the key ...
Commodities
Copper price surpasses the first target – Forecast today – 26-4-2024
2024-04-26 06:42AM UTC
Copper price returned to form bullish waves, taking advantage of the main stability within the ...