AUD/JPY Buoyed by Holiday Calm: Buy the Dips Above 103.80 for a Run Toward 106 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro: EUR/CAD extends fall, vulnerable to more downside 
FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level 
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: AUD/USD bulls gain momentum heading into the year end 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
FxWirePro: USD/JPY bears maintain upper hand 
FxWirePro: USD/CAD dips below lower range, bearish bias increases 
NZD/JPY Drifts Sideways: Mixed Signals Say “Stand Aside for Now” 
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead 
FxWirePro: EUR/AUD attracts selling interest, vulnerable to more downside 
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
- Copper is seen consolidating major trendline breakout at 2.752, is awaiting its next leg higher.
- We have evidenced a 'Cup & Saucer' pattern on copper charts.
- Next major bull target seen at 2.946. Decisive break above will extend bullish trend.
- Technical indicators on weekly charts also support upside. RSI above 50 and biased higher. MACD also supports uptrend.
- Weekly 200-SMA at 2.6491 is strong support, break below could see bullish invalidation.
Support levels - 2.8802 (5-DMA), 2.7777 (20-DMA), 2.6491 (weekly 200-DMA)
Resistance levels - 2.903 (July 26 high), 2.946 (trendline), 3.0
Call update: We had recommended accumulating on dips for long term in our previous call (http://www.econotimes.com/FxWirePro-Copper-completes-Cup-Saucer-pattern-awaits-next-leg-higher-826714).
Recommendation: We hold our long analysis.
