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Copper price kept its fluctuation since morning near 4.3000 level, attempting to find an exit to resume the suggested main bullish attack, the positivity caused by the repeated stability within the bullish track that depends on forming an initial support at 3.1500 $ level, besides the continuation of providing positive...
Copper Price Analysis Expected Scenario The Copper price extended towards the first positive target at $4.3000, facing a 38.2% Fibonacci correction level and settling near it. Positive factors, represented by the $4.1500 level, continue to provide continuous additional support. Major indicators are attempting to provide positive momentum, allowing us to...
Copper Price Analysis Expected Scenario The Copper price continued to provide positive trades recently, settling within the bullish track that depends on the stability of the major support at $3.8500, in addition to the $4.1500 level that continues to form additional support, increasing the chances of activating the bullish attack...
Copper Price Analysis Expected Scenario The copper price remains stable above the additional support of $3.9500. It has recorded some recent gains, reaching $4.2500 and settling near this level. Expected Outcome Stochastic current consolidation within the overbought areas will likely increase positive momentum. Crawling below $4.1500 and holding below it...
Trading Analysis: Copper Price Outlook Copper price confirmed keeping the bullish track by surpassing the $4.1500 barrier yesterday, forming a strong bullish rally and achieving clear gains by reaching $4.2480 and settling near it. The stability above the breached barrier and stochastic positive momentum signals allow us to expect the...
Analysis of Copper Price Movement Copper price continued to form positive trades, taking advantage of the frequent stability above the additional support at 3.9500$, to confirm its surrender to the domination of the bullish bias and notice achieving some gains by settling near 4.0500$. The above chart shows the consolidation...
Copper Price Forecast for Today - 29-3-2024 Copper price repeated the positive stability within the bullish track, leaning on the additional support at 3.9500$, to notice the beginning of forming bullish waves and settling near 4.0200$, also, stochastic exit from the oversold areas confirms getting rid of the negative pressures,...
Copper Price Analysis and Forecast Expected Scenarios Copper price ended the temporary negative fluctuation by touching 3.9500$ level. Formed a bullish wave, attempting to confirm keeping the bullish track. Frequent stability above 3.8700$ support line. Stochastic attempt to provide the positive momentum. Forming new bullish waves suggests attacking 3.1500$ level...
Copper Price Analysis Copper price continued to postpone the bullish rally and provide new sideways fluctuation near 3.9800$ level, surrendering to stochastic negativity by settling within the oversold areas frequently as appears on the chart. We expect to continue forming mixed sideways trades with the chance of forming new correctional...
Copper Price Analysis: Key Indicators and Forecast The copper market continues to be influenced by significant indicators, leading to a delay in the expected bullish surge. Instead, temporary corrective trades persist as prices fluctuate around the $3.9700 mark. It remains crucial for copper to maintain levels above the additional support...
Copper price continued to provide mixed sideways trades by settling near 4.0200$ level, attempting to face the temporary negative pressures in order to keep the chances of motivating the bullish rally again, which depends on the stability of 38.2% Fibonacci correction level that forms key support at 3.8500$. Now, stochastic...
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