Fluctuating in wide range (4.04 - 4.37)
1. Fundamental Analysis
- Waiting for readings about U.S. factory orders, initial jobless claims and durable goods orders.
- Despite Caixin PMI services and indutries were not gud as expected. But, Lots of people remains optimistic.
- Sentiments about this market are seemingly improvement, even Chile annouced their production increased.
2. Technical Analysis
- Daily, Supporting level: 4.04.
- H4, price are fluctuating in a sideway. I expect that Copper need to accumulate, and then climb to former peak. (Around 4.30)
1. Fundamental Analysis
- Waiting for readings about U.S. factory orders, initial jobless claims and durable goods orders.
- Despite Caixin PMI services and indutries were not gud as expected. But, Lots of people remains optimistic.
- Sentiments about this market are seemingly improvement, even Chile annouced their production increased.
2. Technical Analysis
- Daily, Supporting level: 4.04.
- H4, price are fluctuating in a sideway. I expect that Copper need to accumulate, and then climb to former peak. (Around 4.30)
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.