Copper moves slowly – Analysis – 14-3-2018
Economies.com
2018-03-14 08:06AM UTC
Despite Copper price gaining new positive momentum, we notice providing slow trading recently to settle around 3.1500, while in general, leaning above the bullish channel’s support line allows us to wait forming strong bullish rally to succeed surpassing 3.2000 and move towards the recently recorded top at 3.3200.
Stochastic approach to 80 level assists to confirm the positivity by continuing to provide the positive momentum to increase the chances of reaching the waited positive targets.
Expected trading range for today is between 3.1000 and 3.2000
Expected trend for today: Bullish
Commodities News
Commodities
Palladium regains footing but remains below $1000
2024-05-10 14:55PM UTC
Palladium prices rose on Friday even as the dollar inched higher against major rivals, however, the ...
Commodities
Silver prices rush to three-week highs as US yields taper off
2024-05-10 11:46AM UTC
Silver prices rose in European trade on Friday on track for the third straight profit, scaling a ...
Commodities
Gold reverses higher as dollar dips after weak data
2024-05-09 19:44PM UTC
Gold prices rose on Thursday as the dollar index declined against most major rivals following ...
Commodities Technical Analysis
Commodities
End of day crude oil price forecast update - 10-05-2024
2024-05-10 17:33PM UTC
Crude oil price trades with strong negativity to approach our waited target at 77.64$, to support ...
Commodities
Brent oil price forecast update 10-05-2024
2024-05-10 10:26AM UTC
Expected Trading Scenarios Brent oil price trades negatively now in attempt to resume the ...
Commodities
Crude oil price forecast update 10-05-2024
2024-05-10 10:26AM UTC
Expected Trading Scenarios Crude oil price shows negative trades to attempt to return below ...