March 21 London Copper Afternoon Review

Last night's Fed interest rate decision was announced, and no interest rate hike is expected to be raised this year, and the dove rose again, which provoked the dollar to fall below the 96 mark and boost commodities
.
Last night's external market ended up up, the domestic due to the close failed to keep up, is expected to drive today's internal opening higher, this morning the U.
S.
index opened low consolidation, conducive to copper prices, and U.
S.
crude oil recently performed strong four consecutive Yang, will provide support
for copper prices.
At present, Lun copper is now four consecutive Yang, the center of gravity has recovered all the recent moving averages, and the technical performance is good
.
However, it is still necessary to be vigilant that the current inventory inflection point has not yet appeared
.

The Fed is expected not to raise interest rates this year, once next year, stop shrinking the balance sheet at the end of September, dove sound, the dollar tumbled to a more than six-week low, overnight London copper climbed late, the latest closing quotation of 6493 US dollars / ton, up 34 US dollars, or 0.
53%, the volume of 10370 lots decreased by 3237 lots, and the position 295627 increased by 3870 lots
.