Copper prices are facing bullish pressure from our first support in line with our 23.6% fibonacci retracement and 78.6% fibonacci extension, where we could see a further upside above this level. A break above our upside confirmation level, could provide the bullish acceleration to our first resistance target. Ichimoku cloud and 20 EMA are showing signs of bullish pressure, in line with our bullish bias.
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This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.