U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
China's Refining Industry Faces Major Shakeup Amid Challenges 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
Wall Street Analysts Weigh in on Latest NFP Data 
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand 
Copper chart on Trading View used for analysis
- Copper is trading largely muted at 2.757 at the time of writing.
- Price action has failed again to clear past stiff 110-EMA resistance.
- We expect prices to extend sideways grind as technical studies are neutral.
- We see immediate support at 20-DMA at 0.7499. Break below to see weakness.
- Scope then for test of major trendline support at 2.690.
- On the flipside immediate resistance is seen at 5-DMA. Break above finds next major resistance at 110-EMA.
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