(VIANEWS) – Copper (HG) has been up by 2.91% for the last 5 sessions. At 02:50 EST on Saturday, 9 September, Copper (HG) is $3.71.
Today’s last reported volume for Copper is 64795, 99.99% below its average volume of 12187827824.26.
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).
- WTI looks to approach $87.00 level, focus on EIA crude oil data. According to FXStreet on Thursday, 7 September, "Traders await the upcoming data release of the EIA Crude Oil Stocks Change for the week ending on September 1, scheduled later in the day. "
- According to FXStreet on Thursday, 7 September, "With this, the US Dollar Index (DXY) struggled at the highest level in six months, indecisive at 104.85 at the latest, whereas prices of Gold and WTI Crude Oil trade mixed."
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