Platinum Futures Bullish By 2% In The Last 5 Sessions

(VIANEWS) – Platinum (PL) has been up by 2.51% for the last 5 sessions. At 13:52 EST on Tuesday, 30 January, Platinum (PL) is $931.80.

Volume

Today’s last reported volume for Platinum is 18606, 99.99% below its average volume of 8270776574.72.

Volatility

Platinum’s last week, last month’s, and last quarter’s current intraday variation average was 1.30%, 0.82%, and 1.26%, respectively.

Platinum’s highest amplitude of average volatility was 1.72% (last week), 1.11% (last month), and 1.26% (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, 30 January, "In the meantime, the American Petroleum Institute (API) industry group will publish US stockpile data on Tuesday and provide some impetus to Crude Oil prices.", "West Texas Intermediate (WTI) US Crude Oil prices tick higher during the Asian session on Tuesday and for now, seem to have stalled the previous day’s rejection slide from the 100-day Simple Moving Average (SMA) or a nearly two-month peak."
  • Canadian dollar softens on crude oil hesitation with Canada gdp, US fed rate call in the pipe. According to FXStreet on Monday, 29 January, "The Canadian Dollar (CAD) eased on Monday, backsliding after Crude Oil markets snipped away the week’s opening highs as the trading week kicks off with a light economic calendar on offer. "

More news about Platinum (PL).

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