Copper Daily Forecast Nov 27 2014

Copper1
Copper1

Outlook in Copper remains on the downside as long as resistance 2.979 holds on a daily closing basis , support comes at the 2.943 levels , a cut will open 2.900 next , further losses will pave the way towards the 2.850 levels.

On the upside , resistance comes at the 2.979 levels , break of this level will turn outlook neutral for retesting 3.020/3.049 levels before the next fall…

In all , as long as resistance 2.979 holds on a daily closing basis , outlook in Copper remains on the downside towards the 2.943/2.900 levels, above 2.979 will bring rebound towards the 3.020/3.049 levels before the next fall…

 

Copper Daily Forecast Nov 27 2014

MARKET DATA

UPCOMING ECONOMIC EVENTS