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Copper (CPR) / US DollarCopper (CPR) / US DollarCopper (CPR) / US Dollar

Copper (CPR) / US Dollar

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Commodity trading, let's goCopper is crushing it! I've been trading commodities for a long time now and thanks God is finally showing. Besides Oil, copper was one of the best trades this last quarter: (the second could've been maintained for better gains) but this is the way I trade commodities,  Check the trend (very simple, up or down) Look for chart patterns (we see a big Head and Shoulders bottom) Find the next support area Wait for a consolidation around that area Purchase after a clear break and retest of the support. You can confirm with other analysts or different ideas: "Analysts at Citi believe a new secular bull market in copper is now underway." but don't let them confuse you (Not financial advice)
OANDA:XCUUSD
by CriptoJoe
COPPER, THE MUSICAL.. ERR I MEAN, GUIDE. (Cu, Copper)COPPER, What's the deal with this shiny brown stuff that I hear everyone steals? Should I steal copper or is there a better way? What do I need to know? What is the fast summary to catch me up? First, let's talk about the technicals. Some massive trends, all strong. price targets labeled there are numbers that go pretty high, but it seems a retracement might be needed to get there. Potential to buy under 3. Potential to sell over 4. idk where it heads first. Copper: A Comprehensive Overview Introduction Copper , denoted by the symbol Cu on the periodic table, is a versatile metal with a wide range of applications. It is renowned for its excellent electrical and thermal conductivity, corrosion resistance, and malleability. These properties make it a valuable resource in various industries. Uses of Copper Copper is extensively used in the electrical industry due to its superior conductivity. It forms a crucial component in electrical equipment such as wiring and motors. In the construction industry, copper is used for roofing and plumbing, thanks to its durability and resistance to corrosion. Interestingly, copper’s antimicrobial properties are leveraged in healthcare settings to reduce the number of patients who acquire infections in hospitals. How and Where Copper is Found Copper is typically found in nature in association with sulfur. The extraction process involves mining and concentrating low-grade ores containing copper sulfide minerals. This is followed by smelting and electrolytic refining to produce pure copper. Copper deposits are found in various locations worldwide, including South America, South Central Asia, Indochina, and North America. It is found as a primary mineral in basaltic lavas and also as reduced from copper compounds. History of Copper Use Copper has a rich history of use by humans. It was one of the first metals ever extracted and used by humans, first appearing in coins and ornaments around 8000 B.C. The advent of copper tools around 5500 B.C. helped civilization emerge from the Stone Age. Copper in the Periodic Table In the periodic table, copper is a transition metal located in Group 11, along with silver and gold. These metals share similar electron structures, which result in many shared characteristics. Comparable Metals and Alloys Copper is often compared to other “red metals” like brass and bronze. While copper is a pure metal, brass and bronze are copper alloys. Brass is a combination of copper and zinc, while bronze is a combination of copper and tin. Copper is also alloyed with other metals like nickel, aluminum, and beryllium to enhance its properties. Costs and Difficulties of Working with Copper Despite its importance, the extraction and use of copper come with significant challenges. Mining copper can lead to environmental hazards, affecting water access, air quality, and Indigenous cultural sites. Moreover, the cost of copper has been rising due to increasing demand and supply constraints. Future Potential of Copper The future of copper looks promising, especially considering its role in the energy transition. Copper is critical for renewable energy systems, including solar and wind power, and electric vehicles. However, the potential for a copper shortage is drawing concerns about how to sustainably meet future demand. Conclusion Copper is an incredibly versatile and important metal with a rich history and a promising future. As we continue to innovate and move towards a more sustainable future, the role of copper is likely to become even more significant.
CAPITALCOM:COPPEREducation
by nicktussing77
2
Copper RSI Divergence Threatens Bullish BiasTechnicals Prices hit fifteen-month highs this week, extending the recent rally. Copper is on the verge of another breakout, eyeing the January 2023 highs (4.356), which could open the door for further gain towards 4.579. On the other hand, the Relative Strength Index (RSI) did not follow the price action and diverged lower on the H4 chart. This can lead to pullback, but the downside appears well-protected, starting with the EMA200 (at around 4.020). Daily closes below it are needed for the bullish momentum to pause, but that need strong catalyst. Fundamentals The improved supply-demand dynamics have fueled the rally and favor further upside. Optimism around China from recent data boost demand prospects midst the supportive green energy transition and the rebound of the chip industry that is largely fueled by the AI revolution. At the same time major mining companies have slashed their 2024 output outlook. However, China’s recovery is bumpy and the critical property sector remains in distress. The US economy is performing very well, but along with sticky inflation and robust labor market, there is risk for fewer Fed rate cate cuts that could create headwinds. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (trading as “FXCM” or “FXCM EU”), previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763). Please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this video are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed via FXCM`s website: Stratos Markets Limited clients please see: www.fxcm.com Stratos Europe Ltd clients please see: www.fxcm.com Stratos Trading Pty. Limited clients please see: www.fxcm.com Stratos Global LLC clients please see: www.fxcm.com Past Performance is not an indicator of future results.
FX:COPPERLong
by FXCM
Copper is preparing for the breakoutCopper is setting for a breakout after a record high for the PMI index from ISM, published on Monday. That might be a game changer for commodity markets, as it might point to a production recovery and give relief against the recession narrative. Some commodity markets are already moving (such as Crude oil, Gold, or Cocoa), while others are consolidating around possible intermediate-term dips. Copper emerged from a trading range not so long ago, and after having retraced to the 20-day moving average, displays a strong responsive buying activity. So, one may consider a momentum trade with a further expansion, as shown in the chart. Manage your risk at all times!
CAPITALCOM:COPPERLong
by Stanislav_Bernukhov_Exness
Copper Chart Analysis🚀 Copper Breakout Potential 🚀 Asset: Copper ($3.86318) 1. Mirroring Silver : Copper, like Silver, has formed a symmetrical triangle pattern, but with a shorter timeframe of 2.5 years. This pattern similarity across assets can be significant. 2. Crucial Zone : Copper is currently trading within a narrow range near its resistance level. This zone highlights the impending breakout decision. 3. Breakout Trigger : A convincing break above the 3.89 level would confirm the triangle breakout and signal potential bullish momentum. 4. Upside : If the breakout is sustained, Copper could climb towards the 4.20 - 4.44 range. These levels might act as potential resistance areas. 5. Consolidation Alternative : Failure to break above 3.89 might lead to consolidation between 3.67 and 3.90, indicating a period of reassessment by traders. 🚨🚫 Disclaimer: This analysis is for educational purposes only and not financial advice. The author is not a SEBI-registered financial advisor. It is recommended to conduct thorough research and consult certified financial professionals before making investment decisions. #Copper #BreakoutChart #TechnicalAnalysis 📊📈🔍
CAPITALCOM:COPPERLong
by Mr_Chartist_
Bullish signs for COPPERBased on my analysis, the price of copper has successfully breached a crucial resistance level, signaling a potential trend reversal. The price has made 4 attempts to break through the resistance line before finally pushing through, followed by a retracement and a bounce off the newfound support. Interestingly, a huge spike in trading volume coincided with the same trading day of this bounce. To further support my idea of a reversal, a Golden Cross has formed, where the 50-day moving average has crossed above the 200-day moving average. This widely recognized bullish indicator suggests a positive shift in market sentiment. Thank you for viewing my idea.
FX:COPPERLong
by turtlebuster
1
Dr. Copper Sets Sights on Higher LevelsDr. Copper has recently demonstrated signs of strength, largely attributed to China's stimulus measures. This price surge is occurring within a pattern of consistently higher lows since the lows of 2023. It's important to highlight that this upward momentum previously broke through the downtrend line stemming from the highs of 2023. Following its breakthrough of the $3.82 resistance level yesterday, attention is now focused on the potential for a sustained positive price trend. If the industrial metal maintains a price above $3.82 per pound, it could set its sights on the psychologically significant level of $4 and the resistance level established in August. These levels appear to be potential objectives worth considering in the near future.
PEPPERSTONE:COPPERLong
by Pepperstone