COPPER chart - Trading View
Support levels - 2.631 (5-DMA), 2.602 (21-EMA)
Resistance levels - 2.668 (21W EMA), 2.676 (38.2% Fib and trendline)
Copper prices have been edging higher from over 2-year lows of 2.480 hit on Sept 3rd trade.
Major trend is bearish, but signs of recovery seen. Price has bounced off lower Bollinger band on the weekly charts.
After extending consolidation for a few sessions around 50-DMA resistance, the pair has resumed upside.
Copper was trading 0.48% higher on the day at 2.653 at 03:00 GMT, bias bullish.
Stochs and RSI are sharply higher and a bullish divergence on the daily charts supports gains.
Price action currently finds stiff resistance in the 2.668 - 2.676 zone. Break out will see upside continuation.
Next bull target lies at 200-DMA at 2.738 ahead of 61.8% Fib retracement at 2.798.
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
FxWirePro- Major European Indices
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains
FxWirePro: GBP/USD recovers but bears are not done yet again
FxWirePro: USD/CNY gains some ground but bearish outlook persists
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD range to extend until there is game changing news 



