• Copper reversed from support level 350.00
• Likely to rise to 370.00
Copper recently reversed up from the pivotal support level 350.00 (which has been steadily reversing the price from the start of December- as can be seen below) – standing near the lower daily Bollinger Band and the 50-day simple moving average.
The support level 350.00 was further strengthened by the 38.2% Fibonacci correction of the previous upward impulse from the middle of November.
Copper is expected to rise further in the active impulse wave (5) toward the next resistance level 370.00 (which stopped the previous impulse wave (3)).
ANF reversed from key support level 113.40 Likely to rise to resistance level 132.31 ANF…
- GBPUSD rising inside minor correction 2 - Likely to rise to resistance level 1.2700…
Market picture The crypto market has lost 3.3% in the last 24 hours to $2.3…
- USDJPY broke key resistance level 155.00 - Likely to rise to resistance level 160.00…
- Ebay reversed from support level 49.35 - Likely to rise to resistance level 52.55…
Even though the Bank of Japan left the key rate and parameters of the QE…
This website uses cookies