Copper Futures Is 4% Down In The Last 10 Sessions

(VIANEWS) – Copper (HG) has been up by 4.59% for the last 10 sessions. At 17:52 EST on Thursday, 10 August, Copper (HG) is $3.76.

Volume

Today’s last reported volume for Copper is 77588, 99.99% below its average volume of 12264770421.1.

Volatility

Copper’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.51%, a positive 0.34%, and a positive 1.04%, respectively.

Copper’s highest amplitude of average volatility was 0.57% (last week), 1.08% (last month), and 1.04% (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, 8 August, "Looking ahead, the US Trade Balance for June and the NFIB Business Optimism Index for July will precede the American Petroleum Institute’s (API) Weekly Crude Oil Stocks Change data to entertain intraday traders of the energy benchmark. "
  • According to FXStreet on Tuesday, 8 August, "Also, the EIA Crude Oil Stocks Change for the week ending August 4 will be released. "
  • According to FXStreet on Wednesday, 9 August, "Apart from this, a mildly softer tone around Crude Oil prices could undermine the commodity-linked Loonie and lend support to the USD/CAD pair. "

More news about Copper (HG).

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