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
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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
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 Multi-year Support held. Strong Buy Signal.Last time we had a look on Copper (HG1!) was almost 2 months ago (July 17, see chart below) and it delivered an instant return on our sell as it got rejected at the top of the Rising Wedge, quickly hitting our 4.700 Target:
The price just broke above its 1W MA50 (blue trend-line) again this wee
return to solid buyers with confluences spells out continuation 1->3 : higher high which makes
number 2 a solid major low ,
as number 2 buyers surpassed
number 1 sellers making the number
3 pivot
3->4 : return to major buyers
what do I think will happen next ?
* hidden bullish divergence ( continuation )
* LRC 2nd standard deviation
* vwap reaction a
return to solid buyers presents =BUY +mfi+rsi+obv+vwap+volume1->3 : higher high , number 2
solid major low
3->4 : return to number 2
what do I think will happen next ?
* hidden bullish divergence and also oversold
on rsi and mfi
*vwap median line on bar
* fractal bar with higher low on bar structure
* vpoc protecting stop loss
*obv breaking selling
super volitile selloff brings us back to major =BUYers1->5 : solid uptrend ,
number 3 surpasses number 1 making number 2
a solid major low ,
number 5 surpasses number 3 , making number 4
a solid major low
5->6: a reutrn to the highly volitile solid major low
number 4
what do I think will happen ?
* this is just a theory, my opinion on what coul
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 Grade A Copper Futures (Apr 2029) is 10,272.28 USD / TNE — it has fallen −0.38% in the past 24 hours. Watch Grade A Copper Futures (Apr 2029) price in more detail on the chart.
Track more important stats on the Grade A Copper Futures (Apr 2029) chart.
The nearest expiration date for Grade A Copper Futures (Apr 2029) is Apr 18, 2029.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Grade A Copper Futures (Apr 2029) before Apr 18, 2029.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Grade A Copper Futures (Apr 2029) this number is 0.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Grade A Copper Futures (Apr 2029) 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 Grade A Copper Futures (Apr 2029). Today its technical rating is neutral, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Grade A Copper Futures (Apr 2029) technicals for a more comprehensive analysis.