Copper without any change – Analysis – 9-1-2018

Economies.com
2018-01-09 09:53AM UTC

No change for Copper price intraday trades due to the continuous contradiction between the major indicators, as we mentioned in our previous report that will start suggesting the bullish attempts as long as the initial support remains intact at 3.2000, reminding you that the price success to gather the positive momentum will start targeting more positive levels that begin at 3.4400 followed by 3.5500.

 

Stochastic reach to the oversold areas hints ending the negative pressures on the price, providing new chance to gather positive momentum and start achieving the mentioned targets.

 

Expected trading range for today is between 3.2000 and 3.4400

 

Expected trend for today: Bullish

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