Copper price begins with new positivity – Analysis – 3-12-2018
Economies.com
2018-12-03 07:44AM UTC
Copper price hinted keeping the bullish bias domination by forming strong bullish wave and surpass the moving average 55, to push the initial barrier 2.8500, which confirms the price consolidation within the bullish channel to continue the attempts to record new targets by reaching 2.9100 followed by 2.9600 levels.
Stochastic stability around the overbought areas reinforces the continuation of the positivity by providing new positive momentum and increases the chances of reaching the suggested targets.
Expected trading range for today is between 2.8100 and 2.9100
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 ...