Home / Metal News / [SMM Nickel Morning News] Lunni showed an overall concussive downward trend yesterday and followed up on its 5 / 10-day moving average under pressure.

[SMM Nickel Morning News] Lunni showed an overall concussive downward trend yesterday and followed up on its 5 / 10-day moving average under pressure.

iconApr 2, 2020 08:48
Source:SMM

SMM, April 2-

Lunni opened at $11435 / tonne yesterday. In the afternoon, Lunni's center of gravity fluctuated around US $11400 / tonne. In the afternoon, the dollar index rose sharply. Lunni all the way down through the 5 / 10 moving average resistance to 11250 US dollars / tonne. At night, it was supported and rebounded all the way up to the 5-day moving average. At the end of the day, it again came under pressure to fall back to a daytime low of $11250 / tonne, and finally closed at $11260 / tonne. The settlement price fell $210 / tonne, or 1.83%, from the previous session, with positions reduced by 584 hands to 5055 hands and trading volume by 1645 hands to 227179 hands. Lunni closed in the small negative column yesterday, the overall downward trend, K column down below the 5 / 10 EMA support, today Lunni opened at 11260 US dollars / ton, follow-up attention to Lunni pressure 5 / 10 EMA operation.

[for more information, please subscribe to SMM Nickel Research Group products "China Nickel Chromium stainless Steel Industry chain General report" and "China Nickel Chrome stainless Steel Industry chain High end report" to obtain the latest nickel mine, nickel pig iron (China + Indonesia), electrolytic nickel, nickel sulfate, chromium ore, ferrochromium, stainless steel (China + Indonesia) related data analysis and market analysis! For ordering and trial reading, please call 021-5166 6775 QQ: 1553 928752, contact: Zhang Lingying]

(Zhang Lingying TEL:021-5166 6775 QQ: 1553928752)

"Click to sign up:" 2020 (Fifth) China International Nickel Cobalt Lithium Summit Forum "

To sign up for the Nickel Cobalt Lithium Summit or apply for entry into the SMM New Energy vehicle / Cobalt Lithium Industry Exchange Group, please scan the QR code below:

Nickel Price
trend Forecast
SMM Review
Daily Review
Nickel Market Review
Nickel
Futures

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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

Related news