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Platinum Futures Bearish Momentum With A 2% Slide In The Last 5 Sessions

(VIANEWS) – Platinum (PL) has been up by 2.51% for the last 5 sessions. At 05:52 EST on Thursday, 21 March, Platinum (PL) is $910.00.

Volume

Today’s last reported volume for Platinum is 10766, 99.99% below its average volume of 7819188528.9.

Volatility

Platinum’s last week, last month’s, and last quarter’s current intraday variation average was 1.69%, 0.91%, and 1.29%, respectively.

Platinum’s highest amplitude of average volatility was 2.12% (last week), 1.19% (last month), and 1.29% (last quarter), respectively.

Commodity Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Platinum’s commodity is considered to be oversold (<=20).

News about

  • According to FXStreet on Tuesday, 19 March, "West Texas Intermediate (WTI) US Crude Oil prices edge lower during the Asian session on Tuesday and revers a part of the previous day’s strong gains to the $82.45 area, or the highest level since early November. ", "Furthermore, growing concerns about a global economic slowdown, which could dent fuel demand, turn out to be another factor weighing on Crude Oil prices. "
  • According to DailyForex on Wednesday, 20 March, "Forex Brokers We Recommend in Your Region See full brokers list 1 Read full review Get Started BrokerGeoLists.push({type:’ReviewsNonPartner’,id:’horizontal-top-5′,size:5,fullReviewText:`Read full review`,getStartedText:`Get Started`,readReviewText:`Review`});The Crude Oil Connection"
  • According to FXStreet on Thursday, 21 March, "West Texas Intermediate (WTI) US Crude Oil prices attract some dip-buying during the Asian session on Thursday and reverse a part of the previous day’s losses. ", "This is seen undermining the US Dollar (USD) and benefitting USD-denominated commodities, including Crude Oil prices. "

More news about Platinum (PL).

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