Price is facing bearish pressure from our first resistance, in line with our 100% fibonacci retracement and 127.2% fib retracement, where we could see further downside from here towards 1st support at 2.8008. Both 20 period EMA and Ichimoku cloud are showing signs of bearish pressure as well.
Price is facing bearish pressure from our first resistance, in line with our 61.8% fibonacci retracement and 76.4% fib retracement, where we could see a reversal below this level. Take note that our 20 period EMA and Ichimoku cloud are showing signs of bullish pressure as well.
Price is facing bearish pressure from our first resistance, in line with our 61.8% fibonacci retracement, horizontal pullback resistance and 127.2% fibonacci extension where we could see a reversal below this level. Our 20 period EMA and Ichimoku cloud are showing signs of bearish pressure as well.
Price is facing bearish pressure from our first resistance, in line with our 50% fibonacci retracement, horizontal pullback resistance and 127.2% fibonacci extension where we could see a reversal below this level. Our 20 period EMA and Ichimoku cloud are showing signs of bearish pressure as well.
Price is facing bearish pressure from our first resistance, in line with our 50% fibonacci retracement, horizontal pullback resistance and 127.2% fibonacci extension where we could see a reversal below this level. Our 20 period EMA and Ichimoku cloud are showing signs of bearish pressure as well.
Hi there. Price is forming a continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
Copper is approaching 3.00712 where it could potentially rise further to 3.09457. A break above our intermediate resistance level at 3.06076 could provide the bullish acceleration to our first resistance target. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
After the historic bull run across the commodity market it seems we have finally seen a long awaited pullback. My medium/ long term projection is still favouring more bullish price action although as it stands all pairs are range bound. It seems as though Copper in particular has been scooped up by Chinese investors as well as being influenced by a boom in home...
Copper bounced off 2.98018 where it could potentially rise further to 3.00715. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
Price is facing bullish pressure from our first support level where we could see a further rise up to our first resistance target. Stochastic is facing bullish pressure from our support at 4.98 as well.
Price is facing bullish pressure from our first support level where we could see a further rise up to our first resistance target. Stochastic is facing bullish pressure from our support at 4.98 as well.
Price is facing bullish pressure from our ascending trend line and intermediate support level where we could see a further rise up to our first resistance target. Ichimoku cloud and 20 period EMA are showing signs of bullish pressure as well.
Price is facing bullish pressure from our ascending trend line and first support level where we could see a further rise up to our first resistance target. Ichimoku cloud and 20 period EMA are showing signs of bullish pressure as well.
Price is facing bearish pressure from our first resistance and descending trend line, where we could see a further drop below this level to our first support target, in line with our horizontal swing low support and 100% fibonacci extension. Stochastic is facing bearish pressure as well.
Price is facing bearish pressure from our first resistance and descending trend line, where we could see a further drop below this level. A break below our downside confirmation level at 2.82402 could provide the bearish acceleration to our first support target. RSI is facing bearish pressure as well.
Price is facing bearish pressure from our first resistance and descending trend line, where we could see a further drop below this level. A break below our downside confirmation level at 2.77082 could provide the bearish acceleration to our first support target. RSI is facing bearish pressure as well.
Hi there. Price is forming a continuation pattern to the downside. Watch strong price action at the current levels for sell.
Copper battling with the 50 Daily EMA while finding support at the bottom of the channel. Note we are clearly making higher high's and higher low's . Trade the trend. Opportunity to buy, but first wait how it deals with the EMA.