- Copper trades largely unchanged at 3.124 levels, slips lower from session highs at 1.143.
- Daily cloud offers strong support at 3.0866, we see weakness only on break below.
- Price action edges higher along rising channel, has broken above 20-DMA at 3.1032.
- Technical studies are biased higher, RSI is above 50 levels and Stochs are biased higher.
- We see +ve DMI dominance, ADX is rising in support of trend. MACD is on verge of bearish crossover on signal line.
Support levels - 3.1033 (20-DMA), 3.0915 (5-DMA), 3.0665 (50-DMA)
Resistance levels - 3.145 (trendline) 3.182 (Nov 1 high), 3.236 (Oct 24 high)
Recommendation: Good to go long on dips around 3.120, SL: 3.090, TP: 3.145/ 3.165/ 3.180/ 3.230.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD recovers slightly but outlook is still bearish
FxWirePro: GBP/USD gains on upbeat UK retail sales data
FxWirePro: GBP/NZD downtrend loses momentum but bearish setup remains
FxWirePro- Woodies pivot (Major)
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/ JPY remains buoyant, looks to extend gains
FxWirePro: EUR/AUD edges higher but bearish outlook persists
NZDJPY Dip-Buy Setup: 93.58 Holds as Bulls Eye 95–96
FxWirePro: USD/ZAR slips as rand gains on peace talk hopes
FxWirePro: GBP/USD falls as fragile ceasefire keeps investors on edge
Euro Stabilizes Near 1.1713 as IFO Weakness Meets Oil Volatility; 1.1800 in Focus
FxWirePro: AUD/USD nurses losses in subdued trading
ETHUSD Dips to 2285 Then Rebounds on $150–$200M ETF Inflows and Altcoin Upside
Bitcoin Flat Near 77k as US-Iran Tensions Escalate; ETF Inflows Near $1B for the Week
FxWirePro-Major European Indices
FxWirePro: GBP/AUD maintains bearish bias with focus on 1.8800 



