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Copper Futures Went Down By Over 3% In The Last 10 Sessions

(VIANEWS) – Copper (HG) has been up by 3.53% for the last 10 sessions. At 05:52 EST on Friday, 30 June, Copper (HG) is $3.73.

Volume

Today’s last reported volume for Copper is 17837, 99.99% below its average volume of 12814901997.01.

Volatility

Copper’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.75%, a negative 0.02%, and a positive 0.91%, respectively.

Copper’s highest amplitude of average volatility was 0.92% (last week), 0.79% (last month), and 0.91% (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

  • According to FXStreet on Thursday, 29 June, "EIA Crude Oil Stocks Change dropped -9.603 million barrels (M) for the week ended on June 23 versus -1.757M market forecasts and -3.831M previous readings."
  • WTI crude oil forecast: brent markets navigating volatility – 29 June 2023. According to DailyForex on Thursday, 29 June, "It is essential for traders to closely monitor key support and resistance levels, as well as global economic indicators, to make informed decisions while trading WTI Crude Oil and Brent.", "The West Texas Intermediate Crude Oil and Brent markets have experienced significant fluctuations in recent trading sessions. "

More news about Copper (HG).

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