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Copper price touches the bearish target – Forecast today – 15-9-2026

Economies.com
2026-09-15 05:17 UTC

 

Copper price once again came under bearish pressure as stochastic approached oversold levels. The price slipped below the support at $6.3300 yesterday before hitting the 55-period moving average near $6.2300, reaching our first bearish target.

 

Continued bearish pressure could force the price to renew its decline, incurring further losses toward $6.1650 and $6.1000. Meanwhile, any attempt to resume the uptrend would require a strong bullish impulse to break and stabilize above $6.4500.

 

 

The expected trading range for today is between $6.1650 and $6.3800

 

 

Trend forecast: Bearish

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