Copper price surpasses the negativity – Analysis – 13-3-2019
Economies.com
2019-03-13 07:48AM UTC
Copper price formed a minor bullish channel, to end the negative chances and gets ready to form a new bullish trading in the near and medium period, the stability of the minor channel at 2.8750 forms the main factor for confirming the bullish trend, which makes us expect targeting 2.9500 level in the near period reaching to 3.0200.
Stochastic attempt to rally above 50 level increases the chances for gaining the required positive momentum, to confirm the expected bullish trend.
The expected trading range for today is between 2.8900 and 2.9500
The expected trend for today: Bullish
Commodities 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 ...
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 ...
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
Commodities
Brent oil price forecast update 06-05-2024
2024-05-06 11:08AM UTC
Brent Oil Price Analysis Brent oil price is affected by stochastic positivity, trading ...
Commodities
Crude oil price forecast update 06-05-2024
2024-05-06 11:08AM UTC
Crude Oil Price Analysis Crude oil price fluctuates positively to approach testing the key ...
Commodities
Silver price forecast update 06-05-2024
2024-05-06 11:08AM UTC
Silver Price Analysis Silver price breached the 26.90$ level clearly and closed the last four ...