COPPER chart - Trading View
Copper was trading 2.28% higher on the day at 4.4354 at around 17:20 GMT, outlook bullish.
Copper prices buoyed as global recovery hopes from the pandemic triggered a rally in metals markets.
Also, concerns about supplies from Chile, sliding inventories, a lower dollar and expectations of stronger demand from top consumer China boosted fresh buying.
That said, rise in coronavirus cases and new variants threaten to derail reopening plans in some regions such as India, could limit gains.
Technical bias is strongly bullish. Little resistance is seen for bulls. Scope for fresh all time highs.


FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
NZDJPY: Bearish Signals Sell-on-Rally Opportunity Below 92
FxWirePro-Major European Indices
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
AUDJPY: Buy-the-Dip Strategy Intact Above 103.80 Despite Profit-Taking Pullback
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance
0.7870 Break Looms – Next Stop 0.7800 for USDCHF?
Bitcoin Stuck in No-Man’s-Land: $85K Dip or $100K Breakout Next?
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data 



