• Copper broke resistance level 262.00
• Likely to rise to 275.00
Copper recently broke above the pivotal resistance level 262.00 (former resistance from February and the start of March – which also served as powerful support in November and December of 2019).
The breakout of the resistance level 262.00 coincided with the breakout of the daily up channel from April – which should accelerate the active waves C and (2).
Copper is likely to rise further toward the next resistance level 275.00 (target price for the completion of wave (2)).
US indices fell after tough tariffs were announced by Trump, triggering a negative reaction in…
The US dollar is experiencing a decline due to trade tariffs and capital flight. The…
EURGBP: ⬆️ Buy - EURGBP broke resistance area - Likely to rise to resistance level…
AUDJPY: ⬇️ Sell - AUDJPY broke support level 90.00 - Likely to fall to support…
Nasdaq-100: ⬇️ Sell - Nasdaq-100 index broke support level 18820.00 - Likely to fall to…
EUR50: ⬇️ Sell - EUR50 index broke support zone - Likely to fall to support…
This website uses cookies
![](data:image/svg+xml;charset=utf-8,<svg height="479px" width="1024px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
