(VIANEWS) – Copper (HG) has been up by 3.58% for the last 5 sessions. At 11:53 EST on Wednesday, 19 July, Copper (HG) is $3.81.
Volume
Today’s last reported volume for Copper is 45478, 99.99% below its average volume of 12598828393.29.
Volatility
Copper’s last week, last month’s, and last quarter’s current intraday variation average was 0.13%, 0.33%, and 1.02%, respectively.
Copper’s highest amplitude of average volatility was 1.29% (last week), 1.15% (last month), and 1.02% (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: oil markets navigate volatile terrain amid technical indicators – 17 July 2023. According to DailyForex on Monday, 17 July, "Ultimately, the Crude Oil markets, encompassing WTI and Brent, have encountered volatility as they retraced from the 200-Day EMA levels. "
- According to FXStreet on Monday, 17 July, "This, along with the resumption of production in Libya, drags Crude Oil prices away from the highest level since April, which, undermines the commodity-linked Loonie and acts as a tailwind for the USD/CAD pair. "
- Canadian dollar reverses lower after crude oil’s slippery slide. According to FXStreet on Monday, 17 July, "WTI Crude Oil declined from a peak above $77 a barrel to a low of $73.70 reached on Monday during the Asian session. "
More news about Copper (HG).
