- 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.


USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro- Major European Indices
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY retreats as Japan signals possible FX intervention
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro: USD/CNY downside pressure builds, key support level In focus
Yen Capitulation Sends GBPJPY to 17-Year Peak – 212.60 Next?
FxWirePro- Major Pair levels and bias summary
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro: AUD/USD edges higher ahead of RBA meeting minutes
FxWirePro: GBP/USD advances on steady UK GDP growth 



