Copper Technical Analysis
Economies.com provides the latest technical analysis of Copper. Through this page you may keep track of any changes in Copper Prices by our live technical updates around the clock. Technical analysis helps you predict the trend of Copper Rates by the use of technical indicators.
Copper price - Last update: 2024-05-17 23:50PM UTC
5.0500
Copper price repeats the positive closings – Forecast today – 17-5-2024
2024-05-17 07:06AM UTC
Copper Price Analysis
Expected Scenario
The copper price shows no change to its track, maintaining our bullish overview by frequently settling above the key support at $4.7200.
There is a ...
Copper price takes breath – Forecast today – 16-5-2024
2024-05-16 05:35AM UTC
Copper Price Analysis
Expected Scenario
Copper price approached the first additional target at $5.1600 yesterday, followed by starting to form some sideways trades by settling near $5.000 ...
Copper price begins to hit the targets – Forecast today – 15-5-2024
2024-05-15 05:29AM UTC
Copper Price Analysis
Expected Scenario
The Copper price confirmed keeping the bullish scenario by moving away from 4.7500$ level, which forms the major support line, to notice surpassing ...
Copper price resumes the rise – Forecast today – 14-5-2024
2024-05-14 05:29AM UTC
Copper Price Analysis
Expected Scenario
The Copper price got rid of the negative factors by breaching the bullish channel’s resistance yesterday at 4.7500$, hinting its preparation to ...
Copper price repeats the stability below the resistance – Forecast today – 13-5-2024
2024-05-13 05:29AM UTC
Copper Price Analysis
Expected Scenario
The Copper price didn’t move recently despite the major indicators’ attempts to provide the positive momentum, affected by the strength ...
No news for copper price – Forecast today – 10-5-2024
2024-05-10 07:05AM UTC
Copper Price Analysis
1. Expected Scenario
No significant news impacting copper price stability within the bullish channel.
Strength of major resistance at $4.7000 delaying bullish ...
Copper price awaits the negative momentum – Forecast today – 9-5-2024
2024-05-09 05:39AM UTC
Copper price still lacks the negative momentum until this moment, to force it to postpone the previously waited correctional decline and continue forming sideways trades by settling near ...
No news for copper price – Forecast today – 8-5-2024
2024-05-08 05:17AM UTC
Expected Scenarios
Bearish trend persists due to contradictory indicators
Correctional decline anticipated upon stability breach of $4.7000 resistance
Target levels: $4.4200, $4.3000
Bullish ...
Copper price still bearish – Forecast today – 7-5-2024
2024-05-07 05:30AM UTC
Expected Scenarios and Trading Range
Scenario 1: Sideways Movement
Copper price has exhibited more sideways trades recently, consolidating near the $4.6000 level.
The price action suggests a ...
Copper price under the negative pressure – Forecast today – 3-5-2024
2024-05-03 07:00AM UTC
Scenarios
Scenario 1: Continuous Negative Pressure
Copper price affected by stochastic exit from overbought areas.
Increased negative pressures on current trades.
Frequent stability below ...