(VIANEWS) – Copper (HG) has been up by 2.56% for the last 5 sessions. At 11:50 EST on Thursday, 14 September, Copper (HG) is $3.81.
Today’s last reported volume for Copper is 56682, 99.99% below its average volume of 11904043132.22.
Copper’s last week, last month’s, and last quarter’s current intraday variation average was 1.16%, 0.64%, and 0.99%, respectively.
Copper’s highest amplitude of average volatility was 1.31% (last week), 1.01% (last month), and 0.99% (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).
- Crude oil forecast: looks for upward pricing – 12 September 2023. According to DailyForex on Tuesday, 12 September, "The West Texas Intermediate Crude Oil market had a minor rally early in Monday’s trading session amid ongoing market turbulence. ", "Meanwhile, Brent Crude Oil markets exhibit resilience as they hover around the psychological $90 threshold. "
- According to FXStreet on Tuesday, 12 September, " Looking ahead, oil traders await the API Weekly Crude Oil Stock and EIA Crude OilStocksChange data for the week ending September 8 due on Wednesday. "
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