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Copper Futures Bearish Momentum With A 4% Drop In The Last 10 Sessions

(VIANEWS) – Copper (HG) has been up by 4.5% for the last 10 sessions. At 05:51 EST on Saturday, 20 May, Copper (HG) is $3.73.

Volume

Today’s last reported volume for Copper is 57384, 99.99% below its average volume of 13585585501.58.

Volatility

Copper’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.36%, a negative 0.09%, and a positive 1.08%, respectively.

Copper’s highest amplitude of average volatility was 1.48% (last week), 1.10% (last month), and 1.08% (last quarter), respectively.

Previous days news about Copper (HG)

  • Copper: break above 8450 essential for denoting an extended bounce – socgen. According to FXStreet on Thursday, 18 May, "In the event Copper fails to defend 8070, there is risk of a deeper pullback towards 7945, the 61.8% retracement from July 2022 and 7810."
  • Copper: break above 8450 essential for denoting an extended bounce – socgen. According to FXStreet on Thursday, 18 May, "In the event Copper fails to defend 8070, there is risk of a deeper pullback towards 7945, the 61.8% retracement from July 2022 and 7810."

More news about Copper (HG).

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