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CFDs on Copper (US$ / lb)CFDs on Copper (US$ / lb)CFDs on Copper (US$ / lb)

CFDs on Copper (US$ / lb)

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XCUUSD trade ideas

Copper Starting to Move Up- As economies start to take more reopening steps - copper has moved off its march lows. - We remain bullish overall on Copper and note it's real world application and indication of global production / activities. - Expect prices to correct at the overhead supply. We are in a trend move up and will look to pick up some contracts at the below demand zones. - Stocks are a leading indicator of the economy and so we expect copper demand to increase over the coming quarters.
OANDA:XCUUSDLong
by Tuhi_Capital
Copper entering potential support 2.20Copper reached my long held target below 2.22 and now waiting for signs of a bottom/reversal for longer term rebound (green wave C) Confluence of supports at 2.20 zone, channel, c/y=a/w and where wave e (blue) of bigger triangle wave B (green) is 78% Fib retrace of length of wave d (blue) of triangle. Not confirmed until get a reversal and wave e still has scope for closer to 2 but I would not be short any longer having been short the last 18 months
OANDA:XCUUSD
by WVS_Stockscreen
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.
OANDA:XCUUSDLong
by SonicDeejay
2
Short term trade with Copper.I entered this bear trade on 2.3900. Why? I think the odds are good it will reverse back to the bottom of the trend line. As it tried to break the line for almost 90 minutes, but unsuccessfully. Technically we also have a divergence on the RSI and WaveTrend Oscillators. The major indices don't show strength either, so this could also have an impact on the copper price. Large probability it won't work, therefore close stop-loss. If it goes down and you... finish at 2.3700, you have a ratio of 3,3x finish at 2.3600, you have a ratio of 5x Stop-loss at 2.3960-2.3990. If stop-loss hits I lose 0.34%. Planning to end the trade in around 3 to 6 hours.
CShort
by h_ahlgren
Copper - Bearish outside candle signals correction is completeCopper - Intraday - We look to Sell a break of 2.2800 (stop at 2.2900) Price action has posted a bearish Outside Day and is negative for short-term sentiment. This is negative for sentiment and the downtrend has potential to return. The overnight rally has been sold into and there is scope for further bearish pressure going into this morning. Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible. Further downside is expected, however, due to the strong support below we prefer to sell a break of 2.2800, which will confirm the bearish sentiment. Our profit targets will be 2.2500 and 2.2250 Resistance: 2.3200 / 2.3800 / 2.4000 Support: 2.2850 / 2.2500 / 2.2250
FX:COPPERShort
by Signal_Centre
Copper is showing weakness Hello, from what I’m seeing it’s showing head and shoulders in the 1 hour chart indicating further drops to copper by EOW and big boy companies like FCX should feel the burn real soon. We see the right shoulder bigger than in the RSI and the left shoulder smaller than the one in the rsi showing us kind of a hidden divergence of a future downtrend that’s about to take place within the next two days. I’ll watching some puts with deltas over -0.50 that can make me a quick buck. We saw today an example of a dip today from 9:30 till 10:55. Made a nice put in the morning on FCX and you can tell I’ll be watching it side by side with copper to decide further trades. Also, we need to see what China is doing with there copper as well as there is bad news for this mineral even though we are experiencing an influx of copper like oil but is being treated like oil over there for someone reason. We should see confirmation of a downtrend tomorrow touching 2.330 even 2.326 if it’s a big sell off.
FX:COPPERShort
by miami95