Copper Technical Analysis

Economies.com provides the latest technical analysis of Copper. Through this page you may keep track of any changes in Copper Prices by our live technical updates around the clock. Technical analysis helps you predict the trend of Copper Rates by the use of technical indicators.

Copper price - Last update: 2024-05-10 23:50PM UTC
4.6625
Copper Price Analysis 1. Expected Scenario No significant news impacting copper price stability within the bullish channel. Strength of major resistance at $4.7000 delaying bullish ...
Copper price still lacks the negative momentum until this moment, to force it to postpone the previously waited correctional decline and continue forming sideways trades by settling near ...
Expected Scenarios Bearish trend persists due to contradictory indicators Correctional decline anticipated upon stability breach of $4.7000 resistance Target levels: $4.4200, $4.3000 Bullish ...
Expected Scenarios and Trading Range Scenario 1: Sideways Movement Copper price has exhibited more sideways trades recently, consolidating near the $4.6000 level. The price action suggests a ...
Scenarios Scenario 1: Continuous Negative Pressure Copper price affected by stochastic exit from overbought areas. Increased negative pressures on current trades. Frequent stability below ...
Expected Scenarios No change to copper price bearish track, as it keeps providing negative closings below the bullish channel’s resistance line at 4.6800$, to notice forming continuous ...
Scenarios and Trading Range Expected Scenarios Copper price closed below the bullish channel’s resistance at 4.6800$ yesterday. Stochastic attempted to exit the overbought areas. To ...
Scenario Analysis for Copper Price Expected Scenarios Copper price successfully reached the second positive target at $4.6700, encountering the extension of the bullish channel’s ...
Copper Price Analysis: Bullish Trend Continues No change to copper price bullish track as it keeps forming positive crawl and reach 4.5830$ level as appears on the chart, while the frequent ...
Copper price returned to form bullish waves, taking advantage of the main stability within the bullish channel, in addition to the consolidation of 4.2900$ support line, to notice surpassing the ...