Copper Futures Is 3% Up In The Last 10 Sessions

(VIANEWS) – Copper (HG) has been up by 3.56% for the last 10 sessions. At 11:50 EST on Friday, 23 August, Copper (HG) is $4.21.

Volume

Today’s last reported volume for Copper is 34088, 99.99% below its average volume of 9095240986.21.

Volatility

Copper’s last week, last month’s, and last quarter’s current intraday variation average was 0.05%, 0.25%, and 0.82%, respectively.

Copper’s highest amplitude of average volatility was 0.41% (last week), 0.68% (last month), and 0.82% (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, 22 August, "At the time of writing, Crude Oil (WTI) trades at $72.60and Brent Crude at $76.33"
  • According to FXStreet on Thursday, 22 August, "The downward trajectory, meanwhile, seemed rather unaffected by bearish Crude Oil prices, which tend to undermine demand for the commodity-linked Loonie. ", "This, in turn, keeps Crude Oil prices depressed just above a multi-month low touched on August 5, albeit does little to ease the bearish pressure surrounding the USD/CAD pair. "

More news about Copper (HG).

Leave a Reply

Your email address will not be published. Required fields are marked *