Confirming you are not from the U.S. or the Philippines

By giving this statement, I explicitly declare and confirm that:
  • I am not a U.S. citizen or resident
  • I am not a resident of the Philippines
  • I do not directly or indirectly own more than 10% of shares/voting rights/interest of the U.S. residents and/or do not control U.S. citizens or residents by other means
  • I am not under the direct or indirect ownership of more than 10% of shares/voting rights/interest and/or under the control of U.S. citizen or resident exercised by other means
  • I am not affiliated with U.S. citizens or residents in terms of Section 1504(a) of FATCA
  • I am aware of my liability for making a false declaration.
For the purposes of this statement, all U.S. dependent countries and territories are equalled to the main territory of the USA. I accept full responsibility for the accuracy of this declaration and commit to personally address and resolve any claims or issues that may arise from a breach of this statement.
Cancel Confirm
We are dedicated to your privacy and the security of your personal information. We only collect emails to provide special offers and important information about our products and services. By submitting your email address, you agree to receive such letters from us. If you want to unsubscribe or have any questions or concerns, write to our Customer Support.
Confirm
Trading news
Back
29 Jul 2021

Copper Price Today: Extends bounce off weekly support line to regain $4.50

  • Copper picks up bids to snap two-day downtrend.
  • Bearish MACD, nearby resistance line challenge bulls below weekly top.
  • 200-SMA offers strong downside support, June 11 high adds to the upside filters.

Copper prices advance to $4.5040, up 0.50% on a day, as European traders await the bell to begin Thursday’s work.

The red metal bounced off an ascending trend line from July 19 the previous day even as bearish MACD and a two-day-old resistance line, around $4.5530, test intraday buyers.

Also acting as the upside barriers are highs marked during June 11 and July 27, respectively around $4.5950 and $4.6275.

In a case where the commodity bulls cross the $4,6275 hurdle, June’s top surrounding $4,7070 will be in focus.

Alternatively, a downside break of the immediate support line near $4.4400 should confirm a short-term south-run targeting 200-SMA level near $4.3180.

Though, any further weakness past $4.3180 can renew the monthly low, currently around $4.1665.

Price of Copper: Four-hour chart

Trend: Further recovery expected

Jul 29, 2021

Forex Today: Powell pummels the dollar with patient call, all eyes on US GDP

Here is what you need to know on Thursday, July 29: The dollar is down after the Fed seems to be in no rush to taper bond buys, providing support to s
Read more Previous
Jul 29, 2021

Denmark Industrial Outlook climbed from previous 4 to 6 in July

Denmark Industrial Outlook climbed from previous 4 to 6 in July
Read more Next