Copper recently reversed up sharply from the support area lying between the lower weekly Bollinger Band and the strong support levels 252.00 and 250.00.
The upward reversal from this support area stopped the earlier intermediate impulse sequence (3) from the start of January.
Given the oversold weekly Stochastic – Copper is likely to rise further toward the next resistance level 256.00.
Solana: ⬇️ Sell - Solana reversed from the resistance zone - Likely to fall to…
CHFJPY: ⬆️ Buy - CHFJPY broke resistance zone - Likely to rise to resistance level…
Market Picture The crypto market has been hovering in a narrow range for the past…
FTSE 100: ⬆️ Buy - FTSE 100 reversed from key support level 8425.00 - Likely…
Alibaba: ⬆️ Buy - Alibaba broke the key resistance level 145.00 - Likely to rise…
EURNZD: ⬇️ Sell - EURNZD reversed from long-term resistance level 1.9160 - Likely to fall…
This website uses cookies
