(VIANEWS) – Copper (HG) has been up by 4.4% for the last 10 sessions. At 14:51 EST on Thursday, 29 June, Copper (HG) is $3.70.
Volume
Today’s last reported volume for Copper is 71715, 99.99% below its average volume of 12865822015.27.
Volatility
Copper’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.80%, a positive 0.04%, and a positive 0.89%, respectively.
Copper’s highest amplitude of average volatility was 0.97% (last week), 0.72% (last month), and 0.89% (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
- According to FXStreet on Tuesday, 27 June, "Also important will be the API Weekly Crude Oil Stock, prior -1.246M, for the period ended on June 23."
- According to FXStreet on Tuesday, 27 June, "For the rest of the session, the American Petroleum Institute will release Crude Oil Stocks for the week ending on June 23, which could have an additional impact on the black gold’s price dynamics."
- Crude oil forecast: market outlook and potential challenges – 27 June 2023. According to DailyForex on Tuesday, 27 June, "Traders and investors should closely monitor the $70 and $75 levels for potential breakout opportunities in WTI Crude Oil while keeping an eye on the $75 and $80 levels for Brent.", "The WTI Crude Oil market displayed resilience despite a temporary retreat on Monday. "
- WTI crude oil forecast: traders using range-bound strategies as market consolidates – 28 June 2023. According to DailyForex on Wednesday, 28 June, "The WTI Crude Oil and Brent Crude markets remain range-bound, displaying a consolidation pattern that aligns with the summer season’s typically subdued trading activity. ", "Brent Crude is subject to many of the same influences as the WTI Crude Oil market. "
More news about Copper (HG).
