Copper price witnessed a strong rise in its last intraday trading, to breach the key resistance at $5.73, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a minor bias line, with the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the stability of this bullish track, especially with the emergence of the positive signals on the (RSI), despite reaching overbought areas.

 

Therefore, our expectations suggest a rise in (copper) price in its upcoming intraday trading, if it settles above $5.73, to target the critical resistance level at $5.89.

 

The expected trading range for today is between $5.65 and $5.89

 

Trend forecast: Bullish

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Weekly performance report available here: Trading Signal Results – Week of July 14–18, 2025