Copper price touches the target – Forecast today – 14-3-2024
Economies.com
2024-03-14 05:18AM UTC
Copper price formed strong bullish rally yesterday, to achieve the first main target at 4.0200 and confirm its affection by the bullish scenario by attempting to surpass this obstacle and touch 4.0500 level.
The continuous positive momentum coming by the major indicators and 3.8500 level forming additional support allow us to suggest more bullish attempts, to expect targeting 4.1500 followed by reaching 23.6% Fibonacci correction level at 4.3025.
The expected trading range for today is between 3.9600 and 4.1500
Trend forecast: Bullish
Commodities News
Commodities
Gold gains cautious ground ahead of US data
2024-05-09 09:49AM UTC
Gold prices rose in European trade on Thursday for the first time in three days amid active buying ...
Commodities
Why's Germany choosing natural gas instead of nuclear power?
2024-05-08 19:47PM UTC
The world is witnessing a renaissance of nuclear power, which has sent uranium prices soaring in ...
Commodities
US crude stocks fall more than expected last week
2024-05-08 15:53PM UTC
The Energy Information Administration reported a drop of 1.4 million barrels in US crude stocks ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 09-05-2024
2024-05-09 09:35AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price is testing 84.77$ level and ...
Commodities
Crude oil price forecast update 09-05-2024
2024-05-09 09:35AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price trades with clear positivity ...
Commodities
Silver price forecast update 09-05-2024
2024-05-09 09:34AM UTC
Silver Price Analysis Expected Scenario Silver price trades positively to touch our first ...