Platinum Futures Bearish Momentum With A 5% Fall In The Last 10 Sessions

(VIANEWS) – Platinum (PL) has been up by 5.03% for the last 10 sessions. At 14:52 EST on Friday, 5 May, Platinum (PL) is $1,068.10.

Volume

Today’s last reported volume for Platinum is 15954, 99.99% below its average volume of 10394048500.42.

Volatility

Platinum’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.79%, a positive 0.88%, and a positive 1.55%, respectively.

Platinum’s highest amplitude of average volatility was 1.48% (last week), 1.59% (last month), and 1.55% (last quarter), respectively.

News about

  • Crude oil forecast: markets get crushed on Wednesday – 04 May 2023. According to DailyForex on Thursday, 4 May, "The WTI Crude Oil market took a big hit in Wednesday’s trading session, as the market starts to price in just how bad the global recession could be. ", "Demand for Crude Oil is Expected to be WeakSimilarly, the Brent market has also taken a hit, with the contract heading towards the $70 level."
  • According to DailyForex on Thursday, 4 May, "It should also be noted that the ability of the USD/CAD to move lower yesterday, but not break through important short-term support may have something to do with Crude Oil prices falling in value the past couple of days. ", "WTI Crude Oil dropped below 70.00 USD per barrel and has sustained its lower realm in the short term. "
  • According to FXStreet on Wednesday, 3 May, "WTI Crude Oil was heavily down on Wednesday with a drop-kicking in ahead of the Federal Reserve interest rate decision. "

More news about Platinum (PL).

Leave a Reply

Your email address will not be published. Required fields are marked *