Copper price begins positively – Analysis – 26-7-2021
Economies.com
2021-07-26 05:16AM UTC
Copper price begins today with strong positivity due to the rally above 4.4100 barrier, attempting to resume the main bullish attack, caused by its consolidation within the main bullish channel.
Also, stochastic provides the positive momentum by reaching the overbought areas, to increase the chances of forming new bullish rally soon, expecting to target 4.5100 followed by 4.6400 levels.
The expected trading range for today is between 4.3800 and 4.5100
The expected trend for today: Bullish
Commodities News
Commodities
Copper extends gains in challenge to global geopolitical concerns
2024-05-13 15:50PM UTC
Copper prices rose on Monday as the dollar inched down against most major rivals despite ongoing ...
Commodities
Brent climbs nearly 1.5% on Asian demand hopes
2024-05-13 14:32PM UTC
International benchmark Brent rose 1.5% in American trade on Monday, resuming its recovery from ...
Commodities
Gold gives up two-week high following aggressive remarks
2024-05-13 10:00AM UTC
Gold prices fell in European trade on Monday for the first day in three away from two-week highs on ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 13-05-2024
2024-05-13 10:37AM UTC
Brent oil price Expected Scenario Brent oil price shows bullish bias now, affected by ...
Commodities
Crude oil price forecast update 13-05-2024
2024-05-13 10:37AM UTC
Crude oil price Expected Scenario Crude oil price trades positively to head towards ...
Commodities
Silver price forecast update 13-05-2024
2024-05-13 10:37AM UTC
Silver price Expected Scenario Silver price continues to fluctuate near 28.00$ level, ...