Monday, October 4, 2010

Copper Buyers Wait 11:33 ET

Most of the people thinking that copper is cheap and need to buy,,,,,yes it is true that it is cheaper than yesterday but its technical movement through out the day suggests it can fall further. The long red candle in hourly trade suggests that it is now moving below the 9 days moving average,,,,,,,,until and unless it crosses 9 days moving price , price cannot break 370$ ........so we don't suggest you to buy copper...

Even if rises don't worry we have chance of sell,,,,,,,,,,,,,,,,,anyway make profit

USDCHF Technical Analysis - Sell at 0.9955

USDCHF made a nice bull move from 0.9716 to 0.9990. Then USDCHF drops from over bought zone. USDCHF is trading below its 20 period MA on 4h ...