Rame Analisi Tecnica | Rame Trading: 2020-12-10 | IFCM Italy
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Rame Analisi Tecnica - Rame Trading: 2020-12-10

Rame Technical Analysis Summary

Neutro
SellBuy
Forte Di VendereForte Acquistare

Sopra 3.5404

Buy Stop

Sotto 3.3570

Stop Loss

Ara Zohrabian
Ara Zohrabian
Senior Analytical Expert
Articoli2785
IndicatorSignal
RSI Neutro
MACD Sell
Donchian Channel Buy
MA(200) Buy
Fractals Buy
Parabolic SAR Sell

Rame Chart Analysis

Rame Chart Analysis

Rame Analisi Tecnica

The COPPER technical analysis of the price chart in daily timeframe shows #C-COPPER: Daily is retracing down toward the 200-day moving average MA(200) after hitting seven year high on Monday. We believe the bullish momentum will continue as the price breaches above the upper Donchian boundary at 3.5404. A pending order to buy can be placed above that level. The stop loss can be placed below 3.3570. After placing the order, the stop loss is to be moved every day to the next fractal low indicator, following Parabolic signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level without reaching the order, we recommend cancelling the order: the market has undergone internal changes which were not taken into account.

Analisi Fondamentale Materie Prime - Rame

China’s copper imports are up compared with the previous year levels. Will the copper price advance continue?

China’s November imports of unwrought copper were up 16.2% from 483,000 in November last year, according to customs data. And for the first 11 months of 2020 imports were 6.17 million tons, up 38.7% from the same period last year. China is the world’s biggest consumer of copper, and high Chinese imports is bullish for copper. At the same time Chinese imports have slowed in monthly terms: unwrought copper imports were 561,311 tons, down 9.2% from October’s 618,108, second consecutive monthly decline. Slowing of Chinese demand is a downside risk for copper.

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Note:
Questa panormaica è di carattere informativo-educativo e viene pubblicata gratuitamente. Tutti i dati compresi nella panoramica sono ottenuti da fonti pubbliche conosciute più o meno affidabili. Inoltre non c'è alcuna garanzia che le informazioni fornite siano precise e complete. Le panoramiche non vengono aggiornate. Tutta l'informazione in ciascuna panoramica, compresi indicatori, opinioni, grafici e o quant'altro, è fornita a scopo conoscitivo e non è un consiglio finanziario. Tutto il testo e qualsiasi delle sue parti, e anche i grafici non possono essere considerati un'offerta per effettuare un'operazione con un qualsiasi asset. IFC Markets e i suoi impiegati in alcun caso non sono responsabili per qualsiasi azione intrapresa sulla base delle informazioni contenute.

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