Copper price surpasses the target – Analysis – 11-11-2022

Economies.com
2022-11-11 08:21AM UTC

Copper price formed strong bullish rally to surpass the target 3.8500 this morning and confirm its surrender to the domination of the previously suggested bullish bias, while we will depend on 3.7500 level forming additional support to expect reacting to stochastic additional positivity to target new positive stations that might start at 4.050.

 

The expected trading range for today is between 3.8000 and 4.0500

 

The expected trend for today: Bullish

Commodities News

Gold News

Commodities

Gold about to trade above $2400
2024-05-16 09:55AM UTC
Gold prices rose in European trade on Thursday, extending gains for the third straight session and ...
Steel News

Commodities

Nickel edges up as dollar tumbles
2024-05-15 15:57PM UTC
Nickel prices rose on Wednesday as the dollar slid against major rivals following major US ...
Oil News

Commodities

Oil prices slide to 3-month trough on grim outlook for global demand
2024-05-15 14:37PM UTC
Global oil prices skidded in American trade on Wednesday to three-month lows, sharpening losses for ...

Commodities Technical Analysis

Brent oil Analysis

Commodities

Brent oil price forecast update 17-05-2024
2024-05-17 09:10AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price hovers around the EMA50 that ...
Oil Analysis

Commodities

Crude oil price forecast update 17-05-2024
2024-05-17 09:10AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price shows slight negative trades ...
Silver Analysis

Commodities

Silver price forecast update 17-05-2024
2024-05-17 09:10AM UTC
Silver Price Analysis Expected Scenario Silver price is testing 29.80$ again, and as long ...