Copper price repeats the bullish attempts – Analysis – 14-1-2022

Economies.com
2022-01-14 07:51AM UTC

Copper price hinted keeping the bullish attempts by leaning above 4.3500 support line, to notice its frequent fluctuation near 4.5000 level to confirm its preparation to record the additional targets around 4.6200 followed by reaching the main resistance at 4.7700.

 

Also, stochastic continuous attempt to provide the positive momentum will assist to confirm the bullish scenario, to expect the stability above 4.4300 to start the bullish attack until reaching the suggested positive stations.

 

The expected trading range for today is between 4.4300 and 4.6200

 

The expected trend for today: Bullish

Commodities News

Brent Oil News

Commodities

Brent climbs 1.25% after Saudi crude price hike
2024-05-06 14:34PM UTC
International benchmark Brent rose 1.25% in the early American trade on track for the first profit ...
Gold News

Commodities

Gold recovers as dollar loses ground
2024-05-06 09:32AM UTC
Gold prices rose in European trade on Monday for the first session in three days away from ...
Oil News

Commodities

Oil prices reverse lower, with US crude slumping 7% this week
2024-05-03 19:36PM UTC
Oil prices fell on Friday to seven-week lows amid concerns about oversupplies after an unexpected ...

Commodities Technical Analysis

Coffee Analysis

Commodities

Coffee price collapses – Forecast today – 7-5-2024
2024-05-07 05:38AM UTC
Expected Scenarios and Trading Range Scenario 1: Strong Negative Pressure Coffee price fails ...
Natural gas Analysis

Commodities

Natural gas price needs to confirm the breach – Forecast today – 7-5-2024
2024-05-07 05:37AM UTC
Expected Scenarios and Trading Range Scenario 1: Attempted Breakout Natural gas price ...
Platinum Analysis

Commodities

Platinum price leans above the moving average – Forecast today – 7-5-2024
2024-05-07 05:31AM UTC
Expected Scenarios and Trading Range Scenario 1: Positive Stability Platinum price maintains ...