Copper price faces stochastic negativity – Forecast today – 21-3-2024

Economies.com
2024-03-21 05:53AM UTC

Copper price succeeded to face stochastic negativity by providing new closings above the initial support 4.0200, attempting to form some positive trades to settle near 4.0800.

 

The price might form some sideways trades until gathering the required positive momentum to surpass 4.1500 obstacle and start targeting additional positive stations by rallying towards 4.3000 followed by reaching the next main target near 4.5400.

 

The expected trading range for today is between 4.0200 and 4.1500

 

Trend forecast: Bullish

Commodities News

Gold News

Commodities

Gold logs in first weekly loss in five weeks
2024-04-26 18:34PM UTC
Gold prices rose on Friday, shrugging off a surge by the dollar index following upbeat data, ...
Palladium News

Commodities

Palladium tumbles below $1000 an ounce once again
2024-04-26 15:34PM UTC
Palladium prices fell on Friday as the dollar rose against most major rivals, with the industrial ...
Oil News

Commodities

Oil prices park at week high as US inventories drop
2024-04-26 13:14PM UTC
Oil prices rose in European trade on Friday, extending gains for the second straight session, with ...

Commodities Technical Analysis

Brent oil Analysis

Commodities

Brent oil price forecast update 26-04-2024
2024-04-26 11:01AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price shows additional positive ...
Oil Analysis

Commodities

Crude oil price forecast update 26-04-2024
2024-04-26 11:01AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price keeps its stability above ...
Silver Analysis

Commodities

Silver price forecast update 26-04-2024
2024-04-26 11:00AM UTC
Silver Price Analysis Expected Scenario Silver price provides slight positive trades to ...