FX:COPPER   CFDs on Copper
13 0 1
Copper             broke below the bear flag formation and resistance and the 20 DMA kept upside limited despite additional stimulus from China.
Possible retest of 2550 levels as sellers dominate in this market and the RSI has yet reached oversold area.
Daily candlestick is bearish after a doji and a red engulfing flag. So we expect more downside here as the downtrend channel is in tact.
Only a break above 2660 will invalidate the bear rout while a break below 2550 will target 2420 levels.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out