Latest Articles

Brent Oil Price Attempts Recovery – March 6, 2025 Forecast

Brent oil prices experienced a noticeable upward bounce after testing the $68.70 level in previous sessions, driven by stochastic indicators showing positive momentum. The...
HomeLatestCopper Prices Await Positive Momentum: Today's Forecast - August 26, 2024

Copper Prices Await Positive Momentum: Today’s Forecast – August 26, 2024

Copper prices have experienced some intraday gains, rising to $4.2160 before entering a phase of sideways trading due to a lack of sustained positive momentum.

Maintaining support above $4.0250 is crucial for the resumption of bullish activity. Once additional positive momentum is gathered, copper prices are expected to target higher levels, with potential stations at $4.2600 and $4.3900.

Today’s anticipated trading range for copper is between $4.1400 on the support side and $4.2600 on the resistance side.

Trend Forecast: Bullish

Related topics: