MCX Copper Trend Update 1 Hour 16-04-2020 09:00:02 by SpiderSignals.com

MCX Copper 1 Hour Trend Update 16-04-2020 09:00:02 by Spider Signals Call Now 9389717003 / 6399968940

At 16-04-2020 09:00:02 MCX Copper trading at 394 with high of 394.5 and low of 392.85

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In 1 Hour MCX Copper Chart as per Spider Signals AI Trend we can see the trend is Bullish

The MCX Copper RSI (Relative strength index) 14 is trading at Range and value is 51.8

The MCX Copper CCI (Commodity Channel index) 14 is trading at Range and value is -110.6

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In 1 Hour chart MCX Copper price continues to trade at 394 and above the (Spider Signals AI Trend ) with value of 389.716 and keeps its stability above until now, while 1 Hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our view Bullish

However, if MCX Copper continues to trade above 389.716 level, that could be an extraordinarily Bullish sign for MCX Copper

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The expected trading range for MCX Copper today is between 397.783 support and 401.583 resistance.

Pivot (invalidation): 399.267

Today MCX Copper Support & Resistance Levels by Spider Signals

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MCX Copper Pivot / Support / ResistanceValues
MCX Copper Pivot 399.267
MCX Copper Support 1 397.783
MCX Copper Support 2 395.467
MCX Copper Support 3 393.983
MCX Copper Resistance 1 401.583
MCX Copper Resistance 2 403.067
MCX Copper Resistance 3 405.383

Today till now @ 16-04-2020 09:00:02 MCX Copper trading at 394 with high of 399.2 and low of 392.85

Yesterday MCX Copper Closed at 400.1 with low of 396.95 and High of 400.75

This report is published by www.spidersignals.com using AI & Deep learning analysis

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