Copper price hovers below the barrier – Analysis – 9-1-2020
Economies.com
2020-01-09 08:58AM UTC
Copper price gains some positive momentum by stochastic rally above 50 level, taking advantage to form some bullish fluctuation to approach 2.8400 barrier.
Note that the frequent fluctuation below the mentioned barrier will increase the chances of the affection by the correctional bearish bias domination to press on 2.7500 level followed by attempting to reach 2.7000 support line.
The expected trading range for today is between 2.8400 and 2.7000
The expected trend for today: Bearish
Commodities News
Commodities
Gold tumbles to one-month lows but still logs in monthly profit
2024-04-30 20:41PM UTC
Gold prices fell on Tuesday as the dollar rose against most major rivals, but the precious metal ...
Commodities
Oil prices extend losses, with Brent plumbing five-week lows
2024-04-30 14:59PM UTC
Oil prices fell in American trade on Tuesday, extending losses for the third straight session, with ...
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 Technical Analysis
Commodities
End of day crude oil price forecast update - 30-04-2024
2024-04-30 17:48PM UTC
Crude oil price traded with strong negativity to succeed achieving our waited target at 81.50$ and ...
Commodities
End of day gold price forecast update - 30-04-2024
2024-04-30 17:47PM UTC
Gold price shows more bearish bias to move away from 2325.90$ level and support the continuation of ...
Commodities
Brent oil price forecast update 30-04-2024
2024-04-30 09:24AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price still confined between the ...