Copper price keeps delaying the decline– Analysis – 17-5-2022

Economies.com
2022-05-17 05:08AM UTC

Copper price still need the negative momentum, to confirm delaying the negative attack by its rally above 4.1800, and the contradiction between stochastic positivity and the main negative stability below the resistance at 4.3800, so that increases the chances for forming mixed trading until gathering the negative momentum, to ease the mission for reaching the negative targets near 3.9300 and 3.700. 

 

The expected trading range for today is between 4.3100 and 4.1000

 

The expected trend for today: Fluctuated 

Commodities News

Gold 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, ...
Palladium News

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 ...
Oil News

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

Brent oil 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 ...
Oil Analysis

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 ...
Silver Analysis

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 ...