Copper price keeps the bullish track – Analysis – 14-10-2019

Economies.com
2019-10-14 06:26AM UTC

Copper price provided a new positive close by its stability above 2.6200 level, confirming its affection by the bullish bias domination, to increase the chances for reaching to the target at 

The expected trading range for today is between 2.5950 and 2.6515, note that stochastic current fluctuation below 80 level might force the price to form some sideways fluctuation until gathering the required positive momentum to reach to the mentioned target.

 

While surpassing the barrier at 0.6515 will reinforce the bullish scenario by its move to a new bullish track, to get ready to record more of the positive targets that might begin at 2.6810 and 2.7040.

 

The expected trading range for today is between 2.5950 and 2.6515

 

 

The expected trend for today: Bullish

 

Commodities News

Gold News

Commodities

Gold rushes above $2400 as Israel attacks Iran
2024-04-19 07:41AM UTC
Gold prices rose in European trade on Friday, extending gains for a second day and trading above ...
Gold News

Commodities

Gold returns higher towards $2400
2024-04-18 18:59PM UTC
Gold prices rose on Thursday as the dollar advanced against most major rivals amid mounting ...
Gold News

Commodities

Gold advances towards unprecedented peaks
2024-04-18 09:21AM UTC
Gold prices rose in European trade on Thursday, resuming gains and moving once again towards record ...

Commodities Technical Analysis

Brent oil Analysis

Commodities

Brent oil price forecast update 19-04-2024
2024-04-19 10:43AM UTC
Brent Oil Price Analysis Expected Scenario The Brent oil price bounced downwards strongly ...
Oil Analysis

Commodities

Crude oil price forecast update 19-04-2024
2024-04-19 10:43AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price couldn’t manage to hold ...
Silver Analysis

Commodities

Silver price forecast update 19-04-2024
2024-04-19 10:43AM UTC
Silver Price Analysis Expected Scenario Silver price returns to test the key support at ...