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Xcuusd (Copper)

COPPER (XCU/USD) – Week 27 – Another drop is close Last week, we correctly anticipated Copper to start a correction that will push the price towards the resistance level. In the coming days, we are expecting short-term bullish momentum until it reaches the resistance area. Afterwards, we anticipate the price to make another drop and break the support. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
OANDA:XCUUSDShort
by financialflagship
10
ridethepig | Copper for the Yearly Close📌 Copper for the Yearly Close First with an immediate review of the flows. We were tracking for the capitulation low which was our moment to advance... It was a great choice of moment to load the longs. Extending the belief in commodity shortages which have been entering into play all year long. The highs are worth striving for, all factors remain the same with the macro picture still equal. The main cases where this will play an additional note too at China and Australia flows which is something to consider. After clearing our first targets it's time to aim for the 4.5 main impulsive zone. A flyaway break is in play with such a bullish close, which is generally not very common. Of course the last time this happened was in the early 2000's; and we exploded. As usual thanks for keeping the feedback coming 👍 or 👎
COMEX:HG1!Long
by ridethepig
4
COPPER (XCU/USD) – Week 26 – Expecting another drop.Last week, we correctly anticipated Copper to start a correction that will push the price towards the resistance level. In the coming days, we are expecting the pullback to end around the confluence between the trendline and the resistance area, before dropping towards a new low. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
OANDA:XCUUSDShort
by financialflagship
12
COPPER (XCU/USD) – Week 25 – Pullback expected.Last week, Copper started a bearish rally that stopped around the support level. In the coming day, we are expecting a pullback to occur and drive the price towards the resistance zone highlighted on our chart. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
OANDA:XCUUSDLong
by financialflagship
10
COPPER (XCU/USD) – Week 19 – Strong bulls.In our previous analysis, Copper continued, as expected, its strong bullish momentum. In this context, we anticipate a pullback to occur in the following days, towards the support area before continuing the big Monthly uptrend. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
OANDA:XCUUSDShort
by financialflagship
10
COPPER (XCU/USD) – Week 18 – Strong bulls.In our previous analysis, Copper broke the top, despite our initial expectations regarding a possible price decrease. Having said that, in the following days, we anticipate a pullback towards the support area before resuming its uptrend. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
OANDA:XCUUSDLong
by financialflagship
20
COPPER (XCU/USD) – Week 16 – Important area ahead.Last week, Copper reached the resistance area and it looks undecided at the moment. In the coming days, based on the market structure, the next probable move is a bearish impulse that may push the price into the liquidity pool area, but for now, we don’t have a clear setup. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
OANDA:XCUUSDShort
by financialflagship
13
COPPER (XCU/USD) – Week 15 – Expecting the price to drop.Last week, Copper continued to lack volatility and moved sideways the whole week. In the coming days, we expect the price to start falling and finish this complex correction, reaching the liquidity pool area that we highlighted on the chart. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
OANDA:XCUUSDShort
by financialflagship
22
COPPER (XCU/USD) – Week 13 – Important resistance ahead.Copper traded low all throughout this past week and at the moment looks like it is heading towards our resistance area. In the coming days, we are expecting the Copper price to increase until it will hit the $4.2 level. Thereafter, we anticipate the resistance area to hold and push the price down towards the liquidity pool, in order to finish the correction that started at the beginning of March. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
OANDA:XCUUSDShort
by financialflagship
20
COPPER (XCU/USD) – Week 12 – Bearish move expectedCopper moved slowly the entire week and at the moment the consolidation looks like it is almost complete. In the coming days, we are expecting the price to test the resistance area before starting a bearish move towards the liquidity pool located around the 3.80 area. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
OANDA:XCUUSDShort
by financialflagship
16
COPPER (XCU/USD) – Week 11 – Will the resistance hold?Copper moved slow last week and at the moment is in a middle of a consolidation pattern. In the coming days, we expect the price to continue its lazy movement towards the resistance area highlighted on the chart. In our opinion, the chances for a new drop will increase from that point, which may push the price around the liquidity pool located around the 3.80 area. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
OANDA:XCUUSDShort
by financialflagship
23
COPPER (XCU/USD) – Week 10 – Is the pullback over?Copper respected our previous analysis and erased 2 weeks of gains reaching the liquidity pool that is highlighted on the chart. From there the price found some support and it looks like it’s gaining some bullish momentum. Still early days, but we are expecting the price to increase and head towards the resistance level that we highlighted on the chart. Don’t forget that at this point we strongly need a bigger corrective structure to develop, so the bullish trend could be short-lived. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
OANDA:XCUUSDShort
by financialflagship
28
COPPER (XCU/USD) – Week 9 – Anticipating a bearish pullback.The copper market edged to new highs at the beginning of last week, with the price almost reaching $4.40 level before starting an aggressive bearish impulse. It seems that the consolidation that we were talking about in our previous analysis started, as we expect more bearish momentum for this week. If we break the trendline and consolidate underneath, there is a big chance that we will hit the liquidity pool area highlighted on our chart. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
OANDA:XCUUSDShort
by financialflagship
16
COPPER (XCU/USD) – Week 8 – Caution required.The copper market edged to new highs, with prices pushing above $4 a pound, its highest level since September 2011. However, we recommend caution as the rally looks a little unstable and overbought and a strong “bearish” impulse could be waiting around the corner. Yes, we are in a strong weekly uptrend, but we need at some point to start a bigger degree corrective pattern. For this week, we expect the price to pullback towards the trendline, having a big chance to make a new higher-high. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
OANDA:XCUUSDShort
by financialflagship
12
COPPER (XCU/USD) – Week 7 –Bulls getting stronger.Last week, Copper was fast paced and broke out of the consolidation area, as Chinese markets closed for the week-long Lunar New Year holiday after four days of rapid gains that boosted the price to a new eight year high. For this week we are expecting a small corrective move that will ultimately act as a bullish trigger that would push the price higher in the near future. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
OANDA:XCUUSDLong
by financialflagship
6
COPPER (XCU/USD) – Week 6 –Consolidation not over yet.Copper price moved sideways for the whole trading week, as we predicted in our past analysis. For this week we are expecting the bearish corrective move to finish with a high chance that we will test the support area and the lower channel line highlighted on the chart. Once this move is completed, our long-term bias for this pair will be bullish. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
OANDA:XCUUSDShort
by financialflagship
2
COPPER (XCU/USD) – Week 5 – Correction knocking on the door.Copper price moved sideways for the whole trading week, as we forecasted in our past analysis. As we broke out of the previous trendline, we anticipate for this week that the consolidation will continue to the support area highlighted on the chart. Once this move is completed, we will likely see the top brake once more. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
OANDA:XCUUSDShort
by financialflagship
2
COPPER: Correction may be comingThe chart shows that the big bull market in copper may be weakening and about to correct. The 2H ATR (amber line) showing the bull strength, is vacillating in its conviction. Finally, there is a trend-switch for the south. This is a trend following set up - which means if shorting there can be no targets. Stop losses are usually difficult to define, are large and somewhere above the ATR line. Price of copper is dependent on the US Dollar strength. The DXY shows trends opposite to copper. Disclaimers : This is not advice or encouragement to trade securities on live accounts. Chart positions shown are not suggestions. No predictions and no guarantees supplied or implied. Heavy losses can be expected if trading live accounts. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
OANDA:XCUUSD
by Captain_Walker
COPPER (XCU/USD) – Week 3 – Indecision territory.Copper prices have been lifted to a fresh new 8-year high, sustained by the odds, that an improving economy will further expand consumption along with major US coronavirus relief package passing into law and optimism over the global coronavirus vaccine rollout. At this moment in time, we find ourselves in a big weekly bullish trend which we expect to run its course in the future, but at the same time, we anticipate a pullback that can push the price lower in the short-term. Our advice is to skip this one for this week and focus on other instruments as it might get messy. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
OANDA:XCUUSDLong
by financialflagship