Jump to content
How to flag inappropriate content ×

What is copper telling us about the global outlook?

MongiIG

By MongiIG,
in Commodities

Recommended Posts

MongiIG Honoured Contributor

MongiIG

Posted
Posted

Copper has just passed into a more significant phase as the base metal trades comfortably above prior resistance.

 

Add to this, as IGTV’s Jeremy Naylor explains, the fact that price action is now well past the 200-day SMA and momentum has flipped with the emphasis now on the upside.

Fundamentally are traders now beginning to price in a return to upside growth in China?

 

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Go to topic listing

  • image.png

  • Posts

    • tradinglounge
      Binance Crypto Price News Today Elliott Wave Technical Analysis

      By tradinglounge · Posted

      Elliott Wave Analysis TradingLounge Daily Chart, Binance / U.S. dollar(BNBUSD) BNBUSD Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Double Corrective position: Wave ((Y)) Direction Next higher Degrees: wave 2 Wave Cancel invalid level:  Details: The decline of wave Y is likely to end and the price is re-entering the uptrend. Binance / U.S. dollar(BNBUSD)Trading Strategy: It looks like the wave 2 correction is complete and the price is still likely to move up. Look for an opportunity to join the wave 2 uptrend. Binance / U.S. dollar(BNBUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, The Wave Oscillator is a Bearish Momentum. Elliott Wave Analysis TradingLounge H4 Chart, Binance / U.S. dollar(BNBUSD) BNBUSD Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Zigzag position: Wave C Direction Next higher Degrees: wave (2) Wave Cancel invalid level:  Details: Wave (2) is likely to end and the price is re-entering the uptrend. Binance / U.S. dollar(BNBUSD)Trading Strategy: It looks like the wave 2 correction is complete and the price is still likely to move up. Look for an opportunity to join the wave 3 uptrend. Binance / U.S. dollar(BNBUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, The Wave Oscillator is a Bearish Momentum. Technical Analyst : Kittiampon Somboonsod Source : Tradinglounge.com get trial here!  
    • iamcryptic
      Breaking Liquidity Barriers in DeFi: Your opinion?.

      By iamcryptic · Posted

      Now that the airdrop trend has calmed down, I’ve been exploring liquidity mining opportunities in DeFi. One of my main challenges in this space has been liquidity management. Engaging in DeFi—whether through trading or investing—takes significant time and effort with no guaranteed returns.   Although I'm still new to this, I’ve been looking into Quantlytica. Their aim is to revolutionize DeFi by breaking liquidity barriers, making it more accessible to everyone, regardless of expertise. Their native token, QTLY, is set to debut on Bitget spot soon, generating strong sentiment. I’m curious if any DeFi enthusiasts have leveraged their ecosystem and would appreciate your reviews.
    • phillo
      SPX chart

      By phillo · Posted

Markets

Forex

Indices

Shares

Other markets

IG services

Spread betting

CFD trading

Share dealing

Trading platforms

Web platform

Trading apps

Advanced platforms

Compare features

About Us

How we support you

What we do with your money

How does IG make money?

Professional trading

Contact us

Post topic on Community

Browse Help and Support

Education on Academy

Tweet us @IGClientHelp

UK

IG | Sitemap | Terms and agreements | Privacy | How to fund | Cookies | About IG

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Professional clients can lose more than they deposit. All trading involves risk.

The value of shares, ETFs and ETCs bought through a share dealing account, a stocks and shares ISA or a SIPP can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results.

CFD accounts provided by IG Markets Ltd, spread betting provided by IG Index Ltd and share dealing and stocks and shares ISA accounts provided by IG Trading and Investments Ltd. IG is a trading name of IG Markets Ltd (a company registered in England and Wales under number 04008957), IG Index Ltd (a company registered in England and Wales under number 01190902) and IG Trading and Investments Ltd (a company registered in England and Wales under number 11628764). Registered address at Cannon Bridge House, 25 Dowgate Hill, London EC4R 2YA. IG Markets Ltd (Register number 195355), IG Index Ltd (Register number 114059) and IG Trading and Investments Ltd (Register number 944492) are authorised and regulated by the Financial Conduct Authority.

The information on this site is not directed at residents of the United States, Belgium or any particular country outside the UK and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

© 2003 - 2020

IG | Terms and agreements (UK) | Privacy (UK) | Cookies | Investors | Careers | Marketing partnership

×
×
  • Create New...
us