Home / Metal News / Nickel / [brief comment on nickel in SMM phase] Shanghai nickel closed at the pressure multiple moving average above the negative cross today
[brief comment on nickel in SMM phase] Shanghai nickel closed at the pressure multiple moving average above the negative cross today
Jul 4,2019 17:13CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM, July 4 / PRNewswire-Asianet /-

Shanghai Ni 1908 opened at 97870 yuan / ton today. At the beginning of the day, the center of gravity fluctuated over a narrow range of 98250 yuan / ton. Subsequently, Shanghai nickel shock down, fell to 97600 yuan / ton line rebound up, above the daily average of 98200 yuan / ton, shock operation, closed at 97820 yuan / ton, compared with the previous day's settlement price rose 590yuan / ton, an increase of 0.61%, position volume decreased 13800 hands to 126000 hands, trading volume increased 92200 hands to 600000 hands. Throughout the day, the main contract of Shanghai nickel closed at Yin Cross Star, and the middle track of Boll line was explored on the shadow line, but in the face of multiple moving average resistance, we focused on whether Shanghai nickel could stabilize the 98000 yuan / ton barrier in the evening. The data were light tonight.

Shanghai nickel spot
nickel price
trend forecast
SMM brief review
daily review
Shanghai nickel futures

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news