- Copper bulls remain in control, price hits 5-month highs at 3.283, bias higher.
- The pair is extending break at strong trendline resistance at 3.145.
- Price has edged above 200-DMA and daily cloud and we see scope for further upside.
- Indicators on daily charts are highly bullish, momentum is with the bulls.
- We see weakness only on retrace below 200-DMA.
Support levels - 3.2536 (1H 21-EMA), 3.1956 (5-DMA), 3.1683 (1H 200-SMA)
Resistance levels - 3.289 (Jan 15 high), 3.30, 3.320 (Dec 28 2016 high)
Call update: Our previous call (https://www.econotimes.com/FxWirePro-Copper-breaks-strong-trendline-resistance-hits-3-month-highs-at-3248-good-to-go-long-on-dips-1353202) is approaching final targets.
Recommendation: Book partial profits at highs, trail SL to 3.25, hold for 3.30/ 3.320
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest.


Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD gains some upside momentum but still bearish
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
FxWirePro: GBP/USD bulls remain cautiously optimistic
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro- Major European Indices
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro: USD/JPY holding bid into weekend
FxWirePro- Woodies Pivot(Major)
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead 



