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Copper Futures Bullish Momentum With A 2% Jump In The Last 5 Sessions

(VIANEWS) – Copper (HG) has been up by 2.46% for the last 5 sessions. At 14:50 EST on Sunday, 3 September, Copper (HG) is $3.85.

Volume

Today’s last reported volume for Copper is 78649, 99.99% below its average volume of 12264770809.87.

Volatility

Copper’s last week, last month’s, and last quarter’s current intraday variation average was 0.73%, 0.21%, and 0.94%, respectively.

Copper’s highest amplitude of average volatility was 0.75% (last week), 0.87% (last month), and 0.94% (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 Friday, 1 September, "At the time of writing, Crude Oil (WTI) price trades at $83.55 per barrel and Brent Oil at $86.98."
  • Crude oil forecast: sees an upward momentum in general – 01 September 2023. According to DailyForex on Friday, 1 September, "Simultaneously, Brent Crude Oil also marked an upward swing in last Thursday’s trading session, punctuated by a distinct breakout from a bullish flag configuration. "

More news about Copper (HG).

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