COPPER chart - Trading View
Copper was extending gains for the 3rd straight session, outlook bullish.
The pair has edged above 55-EMA and is on track for upside resumption.
A lower-than-expected stocks release in China and strong U.S. jobs data fueled fund buying momentum in the red metal.
An acceleration in U.S. hiring boosted hopes of stronger demand for metals and a sustained recovery in the world's biggest economy.
Further, minutes from the U.S. Federal Reserve's latest policy meeting due Wednesday might determine the near-term direction of the dollar.
FOMC Minutes could throw some light on the policymakers approach on future guidance on interest rates and growth outlook.
Dollar weakness could boost metal prices. Daily cloud is major hurdle. Bullish bias will be reinforced on cloud breakout.
5-DMA is immediate support at 4.301. Major weakness only below 110-EMA (currently at 4.198).


FxWirePro: USD/ CNY remains soft ahead of Fed decision
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters
FxWirePro- Major Pair levels and bias summary
EUR/USD Bounces from Monthly Low, But Bearish Pressure Remains
FxWirePro: NZD/USD edges lower, remains on back foot
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases
Crypto Action Bias: ETHUSD Stands Out as the Bullish Pair to Watch
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path
FxWirePro: AUD/USD dips after RBA Governor speech
FxWirePro: USD/ZAR retreats but trend is still bullish
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI 



