No news for copper price – Analysis – 30-6-2022

Economies.com
2022-06-30 05:17AM UTC

Copper price repeated the sideways trades, affected by the contradiction between the major indicators, to hinder breaking the support line at 3.6600, forms the main door to resume the negative attack for the upcoming period.

 

We will depend on the strength of 3.9300 barrier to confirm blocking trades within the bearish track, reminding you that achieving the required break will allow the price to reach 3.5300 and 3.4100 levels.

 

The expected trading range for today is between 3.8600 and 3.6300

 

The expected trend for today: Sideways

Commodities News

Gold News

Commodities

Gold about to trade above $2400
2024-05-16 09:55AM UTC
Gold prices rose in European trade on Thursday, extending gains for the third straight session and ...
Steel News

Commodities

Nickel edges up as dollar tumbles
2024-05-15 15:57PM UTC
Nickel prices rose on Wednesday as the dollar slid against major rivals following major US ...
Oil News

Commodities

Oil prices slide to 3-month trough on grim outlook for global demand
2024-05-15 14:37PM UTC
Global oil prices skidded in American trade on Wednesday to three-month lows, sharpening losses for ...

Commodities Technical Analysis

Oil Analysis

Commodities

Crude oil price forecast update 16-05-2024
2024-05-16 09:26AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price finds good resistance formed by ...
Silver Analysis

Commodities

Silver price forecast update 16-05-2024
2024-05-16 09:26AM UTC
  Silver Price Analysis Expected Scenario Silver price shows sideways trades since ...
Gold Analysis

Commodities

Gold price forecast update 16-05-2024
2024-05-16 09:26AM UTC
  Gold Price Analysis Expected Scenario Gold price fluctuates within tight range ...