Get started
CFDs on CopperCFDs on CopperCFDs on Copper

CFDs on Copper

No trades
See on Supercharts
Overview News
Ideas
Discussions Seasonals

COPPER trade ideas

Copper - Futures - 6/5/20241. Copper - China - CNY - Yuan COT Report: -66,642 net positions as of 04/30/24 - Yearly High Fundamentals: CNY - Positive Manufacturing PMI (Forecast 50.3, Actual 50.4) Summary: Despite positive PMI, Copper prices faltered, hinting at possible market extremes. Possibility of another turning point. In conclusion, a synthesis of price action, net positions, and news events provides valuable insights for potential turning points in these markets.
CAPITALCOM:COPPERShort
by insanemalin
Copper Extends Gains to Two Year Highs Prices rally around 15% this month and break another threshold, hitting the highest levels in two years. The advance brings the record peak of 2022 in the spotlight (5.041) and given the improved supply-demand dynamics, that level looks within reach. There is optimism around increased need for the non-ferrous metal due to the green energy transition and the recovery of the chip industry, largely fueled by the AI boom. The recent data from China – one of the world’s top consumers - also helped, as GDP rose more than expected in Q1. On the supply side, key mining companies have cut their 2024 production forecasts, while Chinese smelters have reportedly agreed to lower their output. On the other hand, China’s post-pandemic recovery is bumpy and its critical property sector still in distress. The US economy is strong, but the recent preliminary GDP offered a warning sign and sticky inflation raises the bar for looser monetary policy. On the technical front, the RSI is overbought and Copper may be ripe for a pullback. However, daily closes below the EMA200 would be required for the bullish bias to halt and that looks like a toll order, while the downside appears well-protected. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (trading as “FXCM” or “FXCM EU”), previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763). Please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this video are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed via FXCM`s website: Stratos Markets Limited clients please see: www.fxcm.com Stratos Europe Ltd clients please see: www.fxcm.com Stratos Trading Pty. Limited clients please see: www.fxcm.com Stratos Global LLC clients please see: www.fxcm.com Past Performance is not an indicator of future results.
FX:COPPERLong
by FXCM
Commodity trading, let's goCopper is crushing it! I've been trading commodities for a long time now and thanks God is finally showing. Besides Oil, copper was one of the best trades this last quarter: (the second could've been maintained for better gains) but this is the way I trade commodities,  Check the trend (very simple, up or down) Look for chart patterns (we see a big Head and Shoulders bottom) Find the next support area Wait for a consolidation around that area Purchase after a clear break and retest of the support. You can confirm with other analysts or different ideas: "Analysts at Citi believe a new secular bull market in copper is now underway." but don't let them confuse you (Not financial advice)
OANDA:XCUUSD
by CriptoJoe
COPPER, THE MUSICAL.. ERR I MEAN, GUIDE. (Cu, Copper)COPPER, What's the deal with this shiny brown stuff that I hear everyone steals? Should I steal copper or is there a better way? What do I need to know? What is the fast summary to catch me up? First, let's talk about the technicals. Some massive trends, all strong. price targets labeled there are numbers that go pretty high, but it seems a retracement might be needed to get there. Potential to buy under 3. Potential to sell over 4. idk where it heads first. Copper: A Comprehensive Overview Introduction Copper , denoted by the symbol Cu on the periodic table, is a versatile metal with a wide range of applications. It is renowned for its excellent electrical and thermal conductivity, corrosion resistance, and malleability. These properties make it a valuable resource in various industries. Uses of Copper Copper is extensively used in the electrical industry due to its superior conductivity. It forms a crucial component in electrical equipment such as wiring and motors. In the construction industry, copper is used for roofing and plumbing, thanks to its durability and resistance to corrosion. Interestingly, copper’s antimicrobial properties are leveraged in healthcare settings to reduce the number of patients who acquire infections in hospitals. How and Where Copper is Found Copper is typically found in nature in association with sulfur. The extraction process involves mining and concentrating low-grade ores containing copper sulfide minerals. This is followed by smelting and electrolytic refining to produce pure copper. Copper deposits are found in various locations worldwide, including South America, South Central Asia, Indochina, and North America. It is found as a primary mineral in basaltic lavas and also as reduced from copper compounds. History of Copper Use Copper has a rich history of use by humans. It was one of the first metals ever extracted and used by humans, first appearing in coins and ornaments around 8000 B.C. The advent of copper tools around 5500 B.C. helped civilization emerge from the Stone Age. Copper in the Periodic Table In the periodic table, copper is a transition metal located in Group 11, along with silver and gold. These metals share similar electron structures, which result in many shared characteristics. Comparable Metals and Alloys Copper is often compared to other “red metals” like brass and bronze. While copper is a pure metal, brass and bronze are copper alloys. Brass is a combination of copper and zinc, while bronze is a combination of copper and tin. Copper is also alloyed with other metals like nickel, aluminum, and beryllium to enhance its properties. Costs and Difficulties of Working with Copper Despite its importance, the extraction and use of copper come with significant challenges. Mining copper can lead to environmental hazards, affecting water access, air quality, and Indigenous cultural sites. Moreover, the cost of copper has been rising due to increasing demand and supply constraints. Future Potential of Copper The future of copper looks promising, especially considering its role in the energy transition. Copper is critical for renewable energy systems, including solar and wind power, and electric vehicles. However, the potential for a copper shortage is drawing concerns about how to sustainably meet future demand. Conclusion Copper is an incredibly versatile and important metal with a rich history and a promising future. As we continue to innovate and move towards a more sustainable future, the role of copper is likely to become even more significant.
CAPITALCOM:COPPEREducation
by nicktussing77
2
Copper RSI Divergence Threatens Bullish BiasTechnicals Prices hit fifteen-month highs this week, extending the recent rally. Copper is on the verge of another breakout, eyeing the January 2023 highs (4.356), which could open the door for further gain towards 4.579. On the other hand, the Relative Strength Index (RSI) did not follow the price action and diverged lower on the H4 chart. This can lead to pullback, but the downside appears well-protected, starting with the EMA200 (at around 4.020). Daily closes below it are needed for the bullish momentum to pause, but that need strong catalyst. Fundamentals The improved supply-demand dynamics have fueled the rally and favor further upside. Optimism around China from recent data boost demand prospects midst the supportive green energy transition and the rebound of the chip industry that is largely fueled by the AI revolution. At the same time major mining companies have slashed their 2024 output outlook. However, China’s recovery is bumpy and the critical property sector remains in distress. The US economy is performing very well, but along with sticky inflation and robust labor market, there is risk for fewer Fed rate cate cuts that could create headwinds. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (trading as “FXCM” or “FXCM EU”), previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763). Please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this video are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed via FXCM`s website: Stratos Markets Limited clients please see: www.fxcm.com Stratos Europe Ltd clients please see: www.fxcm.com Stratos Trading Pty. Limited clients please see: www.fxcm.com Stratos Global LLC clients please see: www.fxcm.com Past Performance is not an indicator of future results.
FX:COPPERLong
by FXCM
Copper is preparing for the breakoutCopper is setting for a breakout after a record high for the PMI index from ISM, published on Monday. That might be a game changer for commodity markets, as it might point to a production recovery and give relief against the recession narrative. Some commodity markets are already moving (such as Crude oil, Gold, or Cocoa), while others are consolidating around possible intermediate-term dips. Copper emerged from a trading range not so long ago, and after having retraced to the 20-day moving average, displays a strong responsive buying activity. So, one may consider a momentum trade with a further expansion, as shown in the chart. Manage your risk at all times!
CAPITALCOM:COPPERLong
by Stanislav_Bernukhov_Exness