Dollar rebound basic in place Copper prices rebounded higher probability
Clicks : 334 Published : 2024-05-14
National Day holiday approaching, investors cautious wait-and-see mood is heavier, copper into oscillation pattern. First copper difficult have volatility, maintained at between 58500-60000 yuan/ton the possibility of oscillation is larger, operational Suggestions on or is given priority to with short-term trading.
According to Chinese mould network analysis, copper continued to fall, but ended up, closed with foot of Yin line, futures approaching 8000 integer, fell momentum began to decline, coupled with the dollar rebound basically in place, have retreated requirements, dish of copper prices rebounded probability is higher at night.
Yesterday in Shanghai in electronic set up under the influence, slightly lower in early trading, futures then quickly rebounded to 59350 line. Affected by the stock market as well as for plate moves to worry about at night, late futures closed down carefully.
The face outside dish today, in early trading futures edged lower open yesterday in the low 58880 a line, and then after finishing, low futures will bounce back. For optimism plate movements at night, late cautious on closed up.
Suggestion: on a low single underweight in early trading, the influence of higher margin can also affect the whole morning today, began to reduce the influence of the afternoon. So today the dips, might as well buy short-term, become warped on late consider light positions in can.