• Copper reversed from support level 410.00
• Likely to reach resistance level 436.20
Copper recently reversed up from the support level 410.00 (which has been reversing the price end the start of February).
The support area near the support level 410.00 was strengthened by the Fibonacci cluster made out of the Fibonacci corrections 38.2% and 50% of the previous different length upward impulses from the start of February .
Copper is likely to rise further toward the next resistance level 436.20 (which stopped the previous impulse wave (i)).
- Adobe reversed from support zone - Likely to rise to resistance level 500.00 Adobe…
- EURJPY reversed from support zone - Likely to rise to resistance level 0.8625 EURGBP…
USDJPY was slipping below 153 on Friday morning, a three-week low and having lost over…
Market picture Crypto market capitalisation rose 3.3% in 24 hours to $2.22 trillion. Local capitalisation…
- EURJPY under strong bearish pressure - Likely to fall to support level 163.10 EURJPY…
- WTI broke round support level 80.00 - Likely to fall to support level 76.00…
This website uses cookies