Thursday, December 9, 2010

Initial Jobless Claims drop to 421,000

Positive data from US

Initial Jobless Claims 421,000, 17000 lower than previous week

Support for Crude Oil, Copper

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 ...