Copper price fluctuates below the barrier – Forecast today – 17-4-2024
Economies.com
2024-04-17 05:36AM UTC
Expected Scenarios
- Copper price failed to get the positive momentum, fluctuating within a sideways range below $4.4200 barrier.
- Increased chances of activating a correctional bearish track temporarily.
- Noticing a crawl towards $4.2900.
Trading Range
- Expecting mixed trades with chances to test additional support near $4.1500.
- Surpassing the barrier of $4.4200 and holding above it will reactivate the bullish track.
- Expecting additional gains extending towards $4.5800 initially.
Expected Range for Today
The expected trading range for today is between $4.3600 and $4.2000.
Trend Forecast: 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
Natural gas price tends towards the positivity – Forecast today – 30-4-2024
2024-04-30 05:39AM UTC
Natural Gas Price Analysis Expected Scenario Natural gas price succeeded in holding above ...
Commodities
Platinum price touches the main target – Forecast today – 30-4-2024
2024-04-30 05:30AM UTC
Platinum Price Analysis Expected Scenario Platinum price took advantage of frequent ...
Commodities
Copper price attacks the resistance – Forecast today – 30-4-2024
2024-04-30 05:29AM UTC
Scenario Analysis for Copper Price Expected Scenarios Copper price successfully reached the ...