Copper price faces the indicators’ negativity – Analysis – 10-12-2018
Economies.com
2018-12-10 08:29AM UTC
Copper price succeeded to settle within the bullish channel until this moment, to face the negativity of the major indicators, while the positive stability above the bullish channel at 2.7000 reinforces the bullish overview for the near term and medium term period that targets 2.8500 level as a main station.
Stochastic stability above 20 level supports our bullish overview to expect the beginning of providing new positive momentum to assist to form the waited bullish waves.
Expected trading range for today is between 2.7000 and 2.8000
Expected trend for today: Bullish
Commodities News
Commodities
Gold logs in first weekly loss in five weeks
2024-04-26 18:34PM UTC
Gold prices rose on Friday, shrugging off a surge by the dollar index following upbeat data, ...
Commodities
Palladium tumbles below $1000 an ounce once again
2024-04-26 15:34PM UTC
Palladium prices fell on Friday as the dollar rose against most major rivals, with the industrial ...
Commodities
Oil prices park at week high as US inventories drop
2024-04-26 13:14PM UTC
Oil prices rose in European trade on Friday, extending gains for the second straight session, with ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 26-04-2024
2024-04-26 11:01AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price shows additional positive ...
Commodities
Crude oil price forecast update 26-04-2024
2024-04-26 11:01AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price keeps its stability above ...
Commodities
Silver price forecast update 26-04-2024
2024-04-26 11:00AM UTC
Silver Price Analysis Expected Scenario Silver price provides slight positive trades to ...