CopperPair : CU COPPER Description : Bullish Channel as an Corrective Pattern in Long Time Frame RSI - Divergence Break of Structure Completed " 12345 " Impulsive Waves Symmetrical Triangle in Short Time Frame and Breakout of Upper Trend Lineby ForexDetective4
Copper Rises to 2+ Year Highs on Improving Supply-Demand OutlookCopper prices have rallied more than 20% this year as the market is tightening, moving above 4.800 for the first time in more than two years. Improving supply-demand dynamics can drive further gains, with the March 2022 record peak now in the spotlight (5.041). Concerns around output are high, as kLongby FXCM1
copper is bullishCopper prices were seen breaking out to their highest levels in two years today. A combination of a weaker US Dollar and developments within the Chinese macro backdrop have helped fuel a fresh wave of buying. Copper futures are now up around 30% off the YTD lows and look poised for further gains witLongby MtICHI2
Copper - Futures - 6/5/20241. Copper - China - CNY - Yuan COT Report: -66,642 net positions as of 04/30/24 - Yearly High Fundamentals: CNY - Positive Manufacturing PMI (Forecast 50.3, Actual 50.4) Summary: Despite positive PMI, Copper prices faltered, hinting at possible market extremes. Possibility of another turning point. Shortby insanemalinUpdated 2
Will Copper follow Gold?Another Metal is ready to break into ATHs. Looks like all the precious metals are ready to start flying. IMO if the material is needed in tech over the next ten years or weapon systems then the price will fly.Longby oliverjward10
Copper to $4.75 per poundIf the markets continue to allow the metals to perform, copper could EASILY fly to $4.75 or higher in less than a year. DYOR Trade Slick Longby kyleruzekUpdated 444
COPPER is suit for a sellbeacouse of the recession sign in world markets sell on COPPER is rational!!!Shortby AlibadkubehUpdated 0
Copper Bullish this year Alot of things going on this year . Like 2017 , 2020, the solar eclipse, the presidental election and war and economy/ countries making news headlines , etfs and gold and btc rallysLongby Predictionsyaaboiiomarr_fx0
CU - CopperPair : CU - Copper Description : Completed " 12345 " Impulsive Waves Break of Structure RSI - Divergence Bullish Channel as an Corrective Pattern in Short Time Frame Fibonacci Level - 261.8%by ForexDetective5
Copper Extends Gains to Two Year Highs Prices rally around 15% this month and break another threshold, hitting the highest levels in two years. The advance brings the record peak of 2022 in the spotlight (5.041) and given the improved supply-demand dynamics, that level looks within reach. There is optimism around increased need for the Longby FXCM2