Copper price affected by intraday positivity – Analysis – 8-8-2018
Economies.com
2018-08-08 08:24AM UTC
The stability of 2.7000 support line against Copper price’s negative attempts led to form some temporary sideways trades, while the near term trades might be confined between the current support and 2.8500 barrier until gathering new negative momentum to increase the chances of achieving the required break.
We remind you that breaking the current support will reinforce the main bearish overview to open the way to achieve more negative targets by moving towards 2.6200 followed by 2.5500 levels.
Expected trading range for today is between 2.8000 and 2.7000
Expected trend for today: Sideways
Commodities 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 ...
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
Gold under pressure ahead of US jobs data
2024-05-03 08:37AM UTC
Gold prices fell in European trade on Friday, extending losses for the second straight session and ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 06-05-2024
2024-05-06 11:08AM UTC
Brent Oil Price Analysis Brent oil price is affected by stochastic positivity, trading ...
Commodities
Crude oil price forecast update 06-05-2024
2024-05-06 11:08AM UTC
Crude Oil Price Analysis Crude oil price fluctuates positively to approach testing the key ...
Commodities
Silver price forecast update 06-05-2024
2024-05-06 11:08AM UTC
Silver Price Analysis Silver price breached the 26.90$ level clearly and closed the last four ...