According to CME Group’s preliminary prints for Copper futures markets, open interest resumed the upside on Thursday, increasing by around 1.6K contracts following Wednesday’s pullback. Volume, instead, decreased for the second session in a row, this time by around 8.3K contracts. Copper does not rule out a move lower Negative price action in the base metal on Thursday plus rising open interest advocate for the continuation of the corrective downside in the short-term horizon. That said, another visit to 2020 lows in the 2.48 region should not be discarded just yet. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Breaking: EUR/USD jumps as German Manufacturing PMI beats with 47.8 FX Street 2 years According to CME Group’s preliminary prints for Copper futures markets, open interest resumed the upside on Thursday, increasing by around 1.6K contracts following Wednesday’s pullback. Volume, instead, decreased for the second session in a row, this time by around 8.3K contracts. Copper does not rule out a move lower Negative price action in the base metal on Thursday plus rising open interest advocate for the continuation of the corrective downside in the short-term horizon. That said, another visit to 2020 lows in the 2.48 region should not be discarded just yet. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
