Copper price attempts to renew the positivity – Analysis – 23-6-2020
Economies.com
2020-06-23 05:08AM UTC
Copper price formed new bullish wave yesterday to surpass 2.6200 barrier and hint the preparation to resume the bullish correction in the near term and medium term period.
Stochastic attempt to crawl towards the overbought areas will increase the chances of gathering the positive momentum to manage to reach 2.7100 level soon, followed by waiting to reach the bearish channel’s resistance at 2.8000.
The expected trading range for today is between 2.6000 and 2.7100
The expected trend for today: Bullish
Commodities News
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
Oil prices move in a positive zone after surprise drop in US stocks
2024-04-24 12:29PM UTC
Global oil prices rose in European trade on Wednesday away from recent three-week lows after ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 25-04-2024
2024-04-25 09:42AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price keeps its stability above ...
Commodities
Crude oil price forecast update 25-04-2024
2024-04-25 09:42AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price trades positively to approach ...
Commodities
Silver price forecast update 25-04-2024
2024-04-25 09:42AM UTC
Silver Price Analysis Expected Scenario Silver price shows positive trades to hint the ...