Copper Futures Over 2% Up In The Last 5 Sessions

(VIANEWS) – Copper (HG) has been up by 2.92% for the last 5 sessions. At 23:50 EST on Wednesday, 26 July, Copper (HG) is $3.93.

Volume

Today’s last reported volume for Copper is 8957, 99.99% below its average volume of 12549996008.29.

Volatility

Copper’s last week, last month’s, and last quarter’s current intraday variation average was 0.96%, 0.65%, and 0.99%, respectively.

Copper’s highest amplitude of average volatility was 0.96% (last week), 1.12% (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).

News about

  • According to FXStreet on Wednesday, 26 July, "Also, the EIA Crude Oil Stocks Change, US Advance GDP QoQ, and the core Personal Consumption Expenditure (PCE) Price Index MoM will be due later this week."
  • Crude oil forecast: markets poised for potential upside – 25 July 2023. According to DailyForex on Tuesday, 25 July, "On Monday, the West Texas Intermediate Crude Oil market showcased an impressive rally, propelling prices closer to the crucial 200-Day EMA. "

More news about Copper (HG).

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