(VIANEWS) – Copper (HG) has been up by 3.69% for the last 10 sessions. At 05:52 EST on Thursday, 15 June, Copper (HG) is $3.86.
Volume
Today’s last reported volume for Copper is 20753, 99.99% below its average volume of 13003608296.85.
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).
Previous days news about Copper (HG)
- Copper (hg) low likely in place with five waves rally . According to FXStreet on Tuesday, 13 June, "Short Term Elliott Wave in Copper (HG) suggests the metal ended wave ((2)) pullback at 3.54. "
News about
- Crude oil forecast: continues to drift lower – 13 June 2023. According to DailyForex on Tuesday, 13 June, "The West Texas Intermediate (WTI) Crude Oil market experienced a significant downturn at the start of the trading week on Monday, continuing the trend of volatile behavior. ", "In conclusion, both WTI Crude Oil and Brent markets have started the week with significant downturns. "
- According to FXStreet on Tuesday, 13 June, "The pair trades around the 1.3375 region during the Asian session, up less than 0.10% for the day, and draws support from the recent slump in Crude Oil prices.", "Worries that a global economic slowdown, particularly in China, will dent fuel demand drag Crude Oil prices to the lowest level since early May on Monday, which, undermines the commodity-linked Loonie and acts as a tailwind for the USD/CAD pair. "
More news about Copper (HG).
