Copper price keeps the positivity – Forecast today – 2-4-2024
Economies.com
2024-04-02 05:37AM UTC
Analysis of Copper Price Movement
- Copper price continued to form positive trades, taking advantage of the frequent stability above the additional support at 3.9500$, to confirm its surrender to the domination of the bullish bias and notice achieving some gains by settling near 4.0500$.
- The above chart shows the consolidation of the MA55 near the key support 3.8500$, to confirm confining trades within the bullish track, also, stochastic provides the positive momentum to increase the chances of surpassing the target at 4.1500$ and open the way to reach additional stations that might start at 3.3000$ and 3.4200$.
Expected Trading Range for Today
- The expected trading range for today is between 3.9800$ and 4.1500$
Trend forecast: Bullish
Platinum price presses on the moving average – Forecast today – 2-4-2024
Economies.com
2024-04-02 05:37AM UTC
Analysis of Platinum Price Movement
- Platinum price started to form new positive waves to notice providing new pressures on the EMA55 at 913.00$ in order to find a way to resume the main bullish attack in the upcoming period.
- The suggested positivity depends on the frequent stability above 892.00$ support line, in addition to stochastic attempt to provide the positive momentum, thus, we will keep our bullish overview that might target 932.00$ initially, followed by reaching the first main target at 950.00$.
Expected Trading Range for Today
- The expected trading range for today is between 900.00$ and 932.00$
Trend forecast: Bullish
The USDCHF price resumes the bullish bias – Forecast today - 02-04-2024
Economies.com
2024-04-02 01:42AM UTC
Market Analysis for USDCHF Pair
The USDCHF pair returned to rise after the decline that it witnessed in the previous sessions, settling around 0.9050$ now. It is waiting for more rise to achieve our positive targets that start at 0.9105 followed by 0.9150.
The bullish channel continues to organize the bullish wave, which gets good support by the EMA50. However, breaking 0.9000 will threaten trading inside the mentioned channel and might force the price to start bearish correction on the intraday basis.
Trading Range Forecast
The expected trading range for today is between 0.9000 support and 0.9130 resistance.
Trend forecast: Bullish
The NZDUSD price continues to decline – Forecast today - 02-04-2024
Economies.com
2024-04-02 01:42AM UTC
Market Analysis for NZDUSD Price
- The NZDUSD price shows more decline to gradually approach our waited target at 0.5915$, with the potential to surpass this level and achieve additional negative targets on the longer-term basis.
- The EMA50 keeps supporting the suggested bearish wave, which will remain valid unless the price rallies to breach 0.6000$ and hold above it.
Trading Range Forecast
The expected trading range for today is between 0.5890$ support and 0.5990$ resistance.
Trend forecast: Bearish
Frequently asked questions
What is the price of Copper today?
The price of Copper is $5.5745 (2025-07-15 18:35PM UTC)