COPPER FUTURES TECHNICAL ANALYSIS & TRADE SIGNALS
08 Apr 2022
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COPPER FUTURES Technical Analysis: Weekly Chart

In the weekly charts, Copper futures is trading in an upward channel.
It is trading above all SMAs: MA (5), MA (20), and MA (50).
The immediate support is 4.5886 and the resistance level is at 4.9146
Copper futures is trading in an upward channel until there is a trend reversal.
COPPER FUTURES Technical Analysis: Daily Chart

In the daily charts, Copper futures is trading in an upward channel.
It is trading above all SMAs: MA (5), MA (20), and MA (50).
The immediate support is 4.6392 and the resistance level is at 4.8066
Copper futures is trading in an upward channel until there is a trend reversal.
How to trade Copper futures this week:
Copper futures is trading in an upward channel until there is a trend reversal. However, the following opportunity can be taken: