COPPER chart - Trading View
Copper has halted a 2-day downside and was trading 1.40% higher on the day at 4.534 at around 11:45 GMT.
Price action has bounced off cloud support, any further weakness only on break below.
Retrace from multi-year highs at 4.8857 (May 10th) has held support at 110-EMA.
After extending sideways at 110-EMA support, price action has broken above daily cloud.
The US dollar weakness after a dovish Fed on Wednesday adds support to the commodities.
Cloud breakout has raised scope for resumption of the copper super-cycle. Retest of yearly tops at 4.885 likely.


AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters
Crypto Action Bias: ETHUSD Stands Out as the Bullish Pair to Watch
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
FxWirePro: AUD/USD dips after RBA Governor speech
EUR/USD Bounces from Monthly Low, But Bearish Pressure Remains
FxWirePro: GBP/AUD gains some upside momentum but still bearish
EUR/JPY Holds Bullish Bias as Euro Extends Recovery 



