Copper Futures ( HG1!), H1 Potential For Bullish Bounce

Type: Bullish BounceKey Levels:Resistance: 4.7535Pivot: 4.6945Support: 4.6700Preferred Case:We see the potential for a bounce from our pivot at 4.6945 in line with 50% Fibonacci retracement and 61.8% Fibonacci projection towards our 1st resistance at 4.7535 in line with 138.2% Fibonacci extension. Our bullish bias is supported by price trading above the Ichimoku cloud indicator.Alternative Scenario: Alternatively, price may break our pivot structure and head for 1st support at 4.6700 in line with 61.8% Fibonacci retracement.Fundamentals:No major news.

Source: Tickmill

JPY: no interventions. Overview for 15.04.2024

The Japanese yen, paired with the US dollar, continues its steep decline. The current USDJPY exchange rate stands at 153.82. Japan’s Finance Minister Shunichi Suzuki

Murrey Math Lines 15.04.2024 (EURUSD, GBPUSD)

EURUSD, “Euro vs US Dollar” EURUSD quotes are below the 200-day Moving Average on D1, revealing the prevalence of a downtrend. However, the RSI has

EUR continues to decline. Overview for 15.04.2024

The primary currency pair is below the previous level on Monday. The current EURUSD exchange rate stands at 1.0650. The US dollar strengthened its position

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