Copper without any change – Analysis – 9-1-2018

Economies.com
2018-01-09 09:53AM UTC

No change for Copper price intraday trades due to the continuous contradiction between the major indicators, as we mentioned in our previous report that will start suggesting the bullish attempts as long as the initial support remains intact at 3.2000, reminding you that the price success to gather the positive momentum will start targeting more positive levels that begin at 3.4400 followed by 3.5500.

 

Stochastic reach to the oversold areas hints ending the negative pressures on the price, providing new chance to gather positive momentum and start achieving the mentioned targets.

 

Expected trading range for today is between 3.2000 and 3.4400

 

Expected trend for today: Bullish

Commodities News

Brent Oil 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 ...
Gold News

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 ...
Oil News

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

Coffee Analysis

Commodities

Coffee price collapses – Forecast today – 7-5-2024
2024-05-07 05:38AM UTC
Expected Scenarios and Trading Range Scenario 1: Strong Negative Pressure Coffee price fails ...
Natural gas Analysis

Commodities

Natural gas price needs to confirm the breach – Forecast today – 7-5-2024
2024-05-07 05:37AM UTC
Expected Scenarios and Trading Range Scenario 1: Attempted Breakout Natural gas price ...
Platinum Analysis

Commodities

Platinum price leans above the moving average – Forecast today – 7-5-2024
2024-05-07 05:31AM UTC
Expected Scenarios and Trading Range Scenario 1: Positive Stability Platinum price maintains ...