Copper chart on Trading View used for analysis
- Copper was trading marginally higher at 2.775 at 1250 GMT.
- Prices edged higher after 3 consecutive days of downside on optimism in U.S.-China trade discussions.
- Investors were hopeful that a new round of U.S.-China talks this week would bring the two sides close to resolving their ongoing trade war ahead of a March 1 deadline.
- Technical studies on copper intraday charts do not support much upside.
- 5-DMA is biased lower and copper prices failed to hold break above 200-DMA.
- We now see strong support in the 2.730 to 2.755 zone. Break below will see weakness. Dip till 2.636 and then 2.580 levels likely.
- On the flipside, decisive breakout above 200-DMA required for upside continuation.
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


FxWirePro: AUD/USD cedes early gains ,outlook bearish
FxWirePro: AUD/USD gains some ground but outlook is bearish
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
FxWirePro- Major Crypto levels and bias summary
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro: GBP/AUD drifts lower after BOE rate decision
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro: USD/CNY downtrend loses steam, remains on bearish path
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth 



