Copper Hourly Trend analysis As per my chart pattern analysis, MCX Copper is ready to move towards the target of 905.
Since this is my personal view, traders are suggested to conduct their own technical analysis for entries and exits.
About Copper Futures
Copper is an essential industrial metal used worldwide. Copper prices are followed in financial markets around the globe and the metal is growing in popularity. Copper is widely used in construction and because of its electrical properties is found in wires and circuit boards. Copper is mined in open mines around the world, with Chile and the United States leading in overall copper production. The demand for copper is increasing as countries such as China and India continue to develop, while the supply remains tight. The growing demand and constrained supply is likely to keep copper prices volatile in the near future. Copper prices are commonly quoted in USD.
Related commodities
COPPER - LONGMCX:COPPER1! New breakout on longer timeframe chart with volume and news may continue further rally like fast furious momentum.
Analysis techniques – Copper Futures (Dec 2025)Analysis techniques – Copper Futures (Dec 2025)
Date: 03/10/2025 | Timeframe: D1 | Contract Code: HGZ25
1. Trend Overview and Price Structure
December copper rose slightly to 4.9610 USD/lb (+0.14%), sustaining its strong rebound from 4.49 support after a prolonged consolidation in August–September.
Copper (HG1) Market Watch Simple & Clear!Copper’s looking strong right now 💪 and it might be setting up for a big move.
Here’s the key level I’m watching:
📈 If copper breaks and closes above 5.41, that could open the door for a run all the way up to 7.13.
That’s a big potential move but only if we hold strong above that breakout level.
Copper Oct. Futures (MCX) – Intraday Analysis - 6th Oct., 2025MCX:COPPER1!
Copper is consolidating at 987.65, just below the zero line at 990.05 after a steep rally. Price action is testing short-term resistance, poised for either a breakout continuation or a pullback to short-term support.
Bullish (Long) Setup
Long Entry (982.85):
Initiate longs above 982
well thought out bear idea got demolished, when in rome...do as the romans do...
great idea demolished..
look to the left I see huge wick down.
when price travels that fast down, it usually goes up slowly, or up just as fast. it's a good guess.
HG Making Distribution Move in NY PM SessionMarket Context
Current price: 4.6320/lb
Recent BOS (break of structure) marked, suggesting prior bearish leg was countered.
Price consolidating around equilibrium after BOS.
Zones
Option A (grey box ~4.620–4.625)
→ A smaller demand/OB zone just below current price.
→ If respected, we could see
Zinc & Copper Correlation is very healthyZinc and copper markets are closely related because both metals are used heavily in construction, manufacturing, and electrical applications, so demand often rises and falls together with industrial activity.
They’re also frequently mined from the same deposits, meaning supply-side disruptions can
Copper’s Perfect Storm: Supply Strains Meet Fed TailwindsCaught between tightening global supply and shifting macro tailwinds, Copper is entering a pivotal phase.
CHINA’S COPPER OUTPUT CONTRACTION TO FIRE UP PRICES
As reported by Discovery Alert - a specialist mining research service provider - China’s refined copper output is set to fall 4–5% th
HG - Copper Setting Up For A Long Opprtunity At Extreme📊 Fundamentals first:
- Short-term: The copper market is turbulent—marked by sharp price spikes, crashes, and global shifts in stock levels.
- Medium-term: Despite forecasted surpluses from ICSG, technology innovations and steady demand (especially from China and green sectors) may underpin prices
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of Copper Futures is 4.9735 USD / LBR — it has fallen −0.86% in the past 24 hours. Watch Copper Futures price in more detail on the chart.
The volume of Copper Futures is 38.52 K. Track more important stats on the Copper Futures chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Copper Futures this number is 136.26 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Copper Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Copper Futures. Today its technical rating is buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Copper Futures technicals for a more comprehensive analysis.