Copper chart - Trading View
Copper was trading 0.77% higher at 2.351 at around 09:00, after closing 1.93% lower in the previous session.
The pair has paused 2 straight sessions of weakness and is holding support at 21-EMA at 2.336.
Break below 21-EMA will see more weakness and a 'Bearish Divergence' on the Stochastics on daily charts adds to the bearish bias.
GMMA indicator shows major trend is neutral and minor trend has turned bearish. Stochs are on verge of rollover from overbought levels.
The pair trades in a 'Rising Channel' pattern and break below 21-EMA will see dip till channel base at 2.280. Breach at channel base will open downside.
On the flipside, decisive breakout above daily cloud will see the pair test new highs.


FxWirePro- Major European Indices
FxWirePro: USD/ZAR slips sharply lower as US-Iran ceasefire lifts risk appetite
Bitcoin's Tug-of-War: Bulls Eye 80,000 USD Despite Turbulent ETF Outflows
Ethereum Reclaims Higher Ground: Ether Bulls Target $2,700 as Middle East Tensions Thaw
Euro Ascendant: EUR/USD Breaks $1.17 as Geopolitical Relief Sparks a Bullish Surge
FxWirePro: USD/ZAR continues to recovers , upside pressure builds
FxWirePro- Woodies Pivot(Major)
Ethereum Braces for Volatility: Technicals Turn Bearish as Geopolitical Tensions Loom
FxWirePro: USD/ JPY slips as yen rallies after Mideast ceasefire declaration
FxWirePro- Major European Indices
FxWirePro: GBP/AUD downtrend extends, eyes 1.8900 evel
NZDJPY Bearish Breakdown: Why Selling the Rallies is the Strategic Play
NZD/JPY Rockets as Kiwi Dollar Resilience Defies the Oil Shock
FxWirePro: EUR/AUD falls below 1.6600 level, plunge to test a key fibo grows
Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part
FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire
FxWirePro: USD/CNY falls to three-year high, scope for further downside 



