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Copper Futures Bullish Momentum With A 4% Jump In The Last 5 Sessions

(VIANEWS) – Copper (HG) has been up by 4.13% for the last 5 sessions. At 04:50 EST on Thursday, 2 March, Copper (HG) is $4.12.

Volume

Today’s last reported volume for Copper is 19887, 99.99% below its average volume of 14563253221.06.

Volatility

Copper’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.33%, a negative 0.39%, and a positive 1.14%, respectively.

Copper’s highest amplitude of average volatility was 2.60% (last week), 1.22% (last month), and 1.14% (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 Wednesday, 1 March, "Furthermore, an intraday downtick in Crude Oil prices might undermine the commodity-linked Loonie and supports prospects for the emergence of some dip-buying around the USD/CAD pair. "

More news about Copper (HG).

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