Copper recently reversed up from the support area lying between the multi-month support level 260.00 (which has been reversing the price from January) and the lower daily Bollinger Band.
The upward reversal from this support recreated the daily reversal pattern Bullish Engulfing which stopped the previous ABC correction 2 from June.
Copper is expected to rise further and retest the next resistance level 274.00 (which stopped the previous impulse wave 1).
CHFJPY: ⬆️ Buy - CHFJPY reversed from support area - Likely to rise to resistance…
Exxon Mobil: ⬆️ Buy - Exxon Mobil reversed from support area - Likely to rise…
Welcome to Pro News Weekly! Here’s what is shaping the markets: 💵 The U.S. dollar…
• EURUSD falls due to geopolitics and expectations of tariff removal • Gold returns to…
Platinum: ⬇️ Sell - Platinum reversed from pivotal resistance level 150.00 - Likely to fall to…
Baidu: ⬇️ Sell - Baidu reversed from resistance zone - Likely to fall to support level…
This website uses cookies
