Copper keeps the positivity – Analysis – 12-3-2018
Economies.com
2018-03-12 08:13AM UTC
Copper price confirmed the continuation of the bullish bias by providing new positive close above the bullish channel’s support at 3.0500, the price rally above the moving average 55 makes us confirm the continuation of the positivity that targets 3.2000 level initially reaching to 3.3200 in the upcoming period.
Stochastic attempt to reach above 50 level forms main factor to confirm the continuation of the positivity by providing new positive momentum, to ease the attempt to reach the mentioned targets.
Expected trading range for today is between 3.1000 and 3.2000
Expected trend for today: Bullish
Commodities News
Commodities
Gold logs in first weekly loss in five weeks
2024-04-26 18:34PM UTC
Gold prices rose on Friday, shrugging off a surge by the dollar index following upbeat data, ...
Commodities
Palladium tumbles below $1000 an ounce once again
2024-04-26 15:34PM UTC
Palladium prices fell on Friday as the dollar rose against most major rivals, with the industrial ...
Commodities
Oil prices park at week high as US inventories drop
2024-04-26 13:14PM UTC
Oil prices rose in European trade on Friday, extending gains for the second straight session, with ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 26-04-2024
2024-04-26 11:01AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price shows additional positive ...
Commodities
Crude oil price forecast update 26-04-2024
2024-04-26 11:01AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price keeps its stability above ...
Commodities
Silver price forecast update 26-04-2024
2024-04-26 11:00AM UTC
Silver Price Analysis Expected Scenario Silver price provides slight positive trades to ...