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Xcuusd (Copper)

XCUUSD Ito climb from upside confirmation, potential bounce! XCUUSD to climb from its upside confirmation at 2.42679 where it could potentially bounce further to 2.52549. Price is testing our resistance where a break above this level would provide the bullish acceleration to our first resistance level , in line with our 61.8% fibonacci retracement and horizontal swing high resistance. Ichimoku cloud is also showing signs of bullish pressure in line with our bullish bias. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
OANDA:XCUUSDLong
by Tickmill
XCUUSD bounced from support, potential for a further rise! XCUUSD bounced off 2.32788 where it could potentially rise further to 2.38794. We remain bullish as price is bouncing nicely off our first support in line with our 78.6% fibonacci retracement where we are expecting a further push up to our first resistance level , in line with our 61.8% fibonacci retracement and horizontal swing high resistance. Stochastic is approaching support as well. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
OANDA:XCUUSDLong
by Tickmill
Copper XCU/USD (The Return of the Copper Demand?)View On Copper XCU/USD (27 APR 2020) We had a strong pull back on COPPER price and now 2.20 region has proven to be strong support. It shall climb higher soon and it should swing easily to 2.4/2.58 and 2.63 regions. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
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by SonicDeejay
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