Copper under bearish pressure after the earlier downward reversal from the resistance area lying between the key resistance level 270.40 (top of the daily Evening Star from September), upper daily Bollinger Band and the 38.2% Fibonacci correction of the previous downward impulse from April.
The downward reversal from this resistance area stopped the earlier ABC correction 2 from September.
Copper is expected to fall further and retest the next support level – 262.00 (which reversed the price at the start of October).
EURAUD : ⬇️ Sell - EURAUD broke the support level 1.7600 - Likely to fall…
In 2026, experts favour the yen, see modest euro growth, and expect pressure on the…
Crypto rebounds continue; Bitcoin faces resistance, with a mixed market outlook ahead, as regulatory changes…
Coca-Cola: ⬇️ Sell - Coca-Cola reversed from long-term resistance level 73.25 - Likely to fall to…
DraftKings: ⬆️ Buy - DraftKings reversed from support zone - Likely to rise to resistance level…
NVDA: ⬆️ Buy - NVDA reversed from support zone - Likely to rise to resistance level…
This website uses cookies
