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macroAug 12, 2026, 2:36 PM

Copper futures aim for fresh highs after bullish run

Copper futures are extending a bullish impulse from late March, with weekly higher highs supporting a push toward fresh peaks.

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Copper futures have been building a bullish impulse from the March 23, 2026 low. The weekly structure shows a sequence of higher highs, which has kept the market positioned for further extension.

According to the note, the strategy focused on buying pullbacks rather than selling strength, with dip-buying zones identified in 3, 7, or 11 swing structures at a defined blue box area.

The market is now seen targeting fresh highs as the move continues.

Source: FXStreet Forex News