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Copper Futures Over 2% Up In The Last 5 Sessions

(VIANEWS) – Copper (HG) has been up by 2.55% for the last 5 sessions. At 11:52 EST on Friday, 28 July, Copper (HG) is $3.92.

Volume

Today’s last reported volume for Copper is 44947, 99.99% below its average volume of 12421607686.35.

Volatility

Copper’s last week, last month’s, and last quarter’s current intraday variation average was 1.00%, 0.74%, and 0.98%, respectively.

Copper’s highest amplitude of average volatility was 1.00% (last week), 1.05% (last month), and 0.98% (last quarter), respectively.

Commodity Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Copper’s commodity is considered to be oversold (<=20).

News about

  • According to FXStreet on Thursday, 27 July, "It should be noted that the prices of Gold and Crude Oil also remain firmer during the overall cautiously optimistic markets."
  • According to FXStreet on Thursday, 27 July, "Following the previous day’s modest downtick, Crude Oil prices catch fresh bids and jump back closer to over a three-month high touched on Tuesday. "
  • Crude oil forecast: short-term pullback, bullish – 27 July 2023. According to DailyForex on Thursday, 27 July, "The WTI Crude Oil market experienced a slight retreat during Wednesday’s trading session, which could be attributed to a potential overextension in the market. ", "While this could be a sign of temporary exhaustion, the overall outlook remains bullish, particularly with the WTI Crude Oil market breaking above the 200-Day EMA. "

More news about Copper (HG).

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