Copper price surpasses the target – Analysis – 30-1-2020
Economies.com
2020-01-30 07:36AM UTC
Copper price faced strong negative pressures yesterday to notice surpassing the negative target 2.5500 and confirms surrendering to the bearish bias domination.
Stochastic reach to the oversold areas allows us to expect forming new negative trades to attempt to reach 2.4200 level, which forms the extension of a historical support as appears on the chart.
The expected trading range for today is between 2.5500 and 2.4200
The expected trend for today: Bearish
Commodities News
Commodities
Palladium regains footing but remains below $1000
2024-05-10 14:55PM UTC
Palladium prices rose on Friday even as the dollar inched higher against major rivals, however, the ...
Commodities
Silver prices rush to three-week highs as US yields taper off
2024-05-10 11:46AM UTC
Silver prices rose in European trade on Friday on track for the third straight profit, scaling a ...
Commodities
Gold reverses higher as dollar dips after weak data
2024-05-09 19:44PM UTC
Gold prices rose on Thursday as the dollar index declined against most major rivals following ...
Commodities Technical Analysis
Commodities
End of day crude oil price forecast update - 10-05-2024
2024-05-10 17:33PM UTC
Crude oil price trades with strong negativity to approach our waited target at 77.64$, to support ...
Commodities
Brent oil price forecast update 10-05-2024
2024-05-10 10:26AM UTC
Expected Trading Scenarios Brent oil price trades negatively now in attempt to resume the ...
Commodities
Crude oil price forecast update 10-05-2024
2024-05-10 10:26AM UTC
Expected Trading Scenarios Crude oil price shows negative trades to attempt to return below ...