No change for Copper price – Analysis – 14-2-2019

There is no change on Copper price’s trading by its repeated stability above the bullish channel’s support at 2.7600, which forms a main factor to confirm the continuation of the positivity, therefore, we will keep waiting for gaining a new positive momentum, which press on 2.8400 level reaching to the next target at 2.9400.

Stochastic reach to the oversold level confirms surpassing the negative pressures, to begin gathering the positive momentum, reinforcing the waited bullish attempts.

The expected trading range for today is between 2.7600 and 2.8400

The expected trend for today: Bullish