Copper price settles with temporary sideways track – Analysis – 9-9-2020

Economies.com
2020-09-09 05:25AM UTC

Copper price didn’t move until this morning affected by the main indicators contradiction, to notice the continuation of forming sideways trading by its fluctuation near 3.0000, to keep its stability within the bullish channel levels.

 

reminding you that gathering extra positive momentum is important to confirm its stability above the main support at 2.9000, which provides a chance for resuming the bullish attack and begin recording positive targets that begin at 3.1200 and 3.000.

 

The expected trading range for today is between 2.9700 and 3.1200

 

The expected trend for today: Bullish

 

Commodities News

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 ...
Gold News

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

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 ...