Copper price approaches from the barrier – Analysis – 23-07-2021
Economies.com
2021-07-23 09:34AM UTC
Copper price surrendered to the positivity of the main indicators, to notice forming a bullish wave approaching from the barrier at 4.4100 level, in spite of the price stability within the bullish channel’s levels, but its fluctuation below the current barrier confirms delaying the bullish attack, which confines the trading within a tight range in the current period.
While the price success to surpass the barrier and holding above it, so that will open the way towards forming a strong bullish wave to ease the mission of recording several positive targets that might begin at 4.5100 and 4.6400.
The expected trading range for today is between 4.4100 and 4.2800
The expected trend for today: sideways
Commodities News
Commodities
How did gold become a major component in Nvidia's signature GPUs?
2024-04-25 20:32PM UTC
Nvidia has witnessed one of the most stunning success stories in recent years.. But before we get ...
Commodities
Oil prices lost ground despite large US inventory drawdown
2024-04-24 20:42PM UTC
Oil prices fell on Wednesday despite earlier official data that showed a steep decline in US crude ...
Commodities
US crude stocks fall more than expected
2024-04-24 16:29PM UTC
The Energy Information Administration reported a drop of 6.4 million barrels in US crude stocks ...
Commodities Technical Analysis
Commodities
No new for natural gas price – Forecast today – 26-4-2024
2024-04-26 06:51AM UTC
Natural Gas Price Analysis Expected Scenario Natural gas price returned to form weak ...
Commodities
Platinum price confirms the positivity – Forecast today – 26-4-2024
2024-04-26 06:43AM UTC
Platinum Price Analysis Expected Scenario Platinum price succeeded to hold above the key ...
Commodities
Copper price surpasses the first target – Forecast today – 26-4-2024
2024-04-26 06:42AM UTC
Copper price returned to form bullish waves, taking advantage of the main stability within the ...