• Copper broke resistance area
• Likely to rise to 370.00
Copper previously broke the resistance area lying at the intersection of the resistance level 350.00 (which previously formed narrow congestion zone) and the resistance trendline of the daily up channel from April.
The breakout of this resistance area accelerated the active multi-impulse upward price move – made out of the impulse waves iii, (iii), 3 and (3).
Copper is expected to rise further toward the next resistance level 370.00 (likely price for the completion of the active impulse wave (3)).
Today is Monday, December 15th, and we're going to talk about the Japanese yen, where…
Trump pushes for more Fed rate cuts, while no changes are expected from the ECB…
Crypto market stays near $3T amid correction, ETF inflows rise, sentiment weakens, and volatility expected…
Gold: ⬇️ Sell - Gold reversed from strong resistance level 4350.00 - Likely to fall to…
EURGBP: ⬆️ Buy - EURGBP reversed from support zone - Likely to rise to resistance level…
Filecoin: ⬇️ Sell - Filecoin broke key support level 1.435 - Likely to fall to support…
This website uses cookies