Copper recently broke above below the resistance level 273.00(which has been reversing the price from the end of December) – which accelerated the active impulse wave (3).
Impulse wave (3) belongs to the long-term upward impulse sequence Ⓒ – which started previously from the strong support level 225.00.
Copper is expected to rise further and re-test the next resistance level 283.00 (multi-month resistance from September and the target price from the completion of the active impulse wave (3)).
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies
