(VIANEWS) – Copper (HG) has been up by 2.49% for the last 5 sessions. At 05:51 EST on Thursday, 3 August, Copper (HG) is $3.84.
Volume
Today’s last reported volume for Copper is 24594, 99.99% below its average volume of 12389920426.71.
Volatility
Copper’s last week, last month’s, and last quarter’s current intraday variation average was 0.57%, 0.46%, and 1.03%, respectively.
Copper’s highest amplitude of average volatility was 1.79% (last week), 0.99% (last month), and 1.03% (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
- Crude oil forecast August 2023 – 01 August 2023. According to DailyForex on Tuesday, 1 August, "Over the last several weeks, the West Texas Intermediate Crude Oil market has rallied rather significantly during the month of July, and now that we head into August, one has to wonder whether or not we can continue to see the upward pressure. "
- According to DailyForex on Tuesday, 1 August, "S Fed will become less aggressive, the higher price of Crude Oil may affect inflation data in the coming weeks too, this could also play into the value of the EUR/USD in August."
- Crude oil forecast: signs of pressure amidst bullish sentiment – 01 August 2023. According to DailyForex on Tuesday, 1 August, "WTI Crude Oil market, in particular, edged closer to the crucial $80 mark, hinting at the possibility of further gains towards $82.50. "
More news about Copper (HG).
