(VIANEWS) – Copper (HG) has been up by 2.29% for the last 5 sessions. At 20:50 EST on Thursday, 7 September, Copper (HG) is $3.76.
Volume
Today’s last reported volume for Copper is 816, 99.99% below its average volume of 11992221106.18.
Volatility
Copper’s last week, last month’s, and last quarter’s current intraday variation average was 0.35%, 0.43%, and 0.98%, respectively.
Copper’s highest amplitude of average volatility was 0.74% (last week), 0.89% (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 overbought (>=80).
News about
- Crude oil forecast: defies gravity – 06 September 2023. According to DailyForex on Wednesday, 6 September, "The West Texas Intermediate Crude Oil market has shown itself to be bullish again during the day, gapping higher on Tuesday before pulling back only to find more buyers. ", "I do think that WTI Crude Oil eventually goes looking to the $90 level, but we may need to pull back toward the $85 level again to find enough buyers to jump into the picture."
- According to FXStreet on Wednesday, 6 September, "At the time of writing, Crude Oil (WTI) price trades at $86.13 per barrel and Brent Oil at $89.54", "This means that less buying will start to take place as traders will see less upside potential when entering into a long Crude Oil position at these elevated levels. "
- According to FXStreet on Wednesday, 6 September, "Apart from that, the US Dollar Index (DXY) seesaws at the highest level since March 15, dicey near 104.80 at the latest, while prices of Gold and WTI Crude Oil tread water around $1,925 and $86.40 as we write. "
- According to FXStreet on Wednesday, 6 September, "Elsewhere, the US Dollar Index (DXY) seesaws at the highest level since March 15, dicey near 104.80 at the latest, while prices of Gold and WTI Crude Oil tread water around $1,925 and $86.40 as we write."
More news about Copper (HG).
