Copper price recovers – Analysis – 11-7-2019
Economies.com
2019-07-11 06:03AM UTC
Copper price rallied upwards strongly yesterday to trade above the bullish channel’s support line again, which reactivates the bullish trend scenario that targets testing 2.7230 level initially, noting that breaching this level will extend the bullish wave to reach 2.8365, while the bullish trend will remain valid unless breaking 2.6370 level and holding with a daily close below it.
The expected trading range for today is between 2.6500 and 2.8500
The expected trend for today: Bullish
Commodities 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 ...
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
How did gold become a major component in Nvidia's signature GPUs?
2024-04-25 20:32PM UTC
Nvidia has witnessed one of the most stunning success stories in recent years.. But before we get ...
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 ...