Friday, January 7, 2011

Copper May Test 4.20-4.10 Zone

Copper seems weak slightly. We are expecting some downturn in copper. So buying around 4.10-4.20 Zone will be beneficial.

2:27 PM NST 1/7/2011

Wednesday, January 5, 2011

Gold is giving some correction signals - commodity trading nepal, commodity market nepal

Gold is giving some sell signals. Break down the recent trend. High Volume in Sell Off. %k cross down % D and below 70. % R is down to -10. We are expecting more correction in gold. The most noticeable things is that Gold is getting strong resistance at $1420-$1435 Zone. Head & Shoulder formation on daily chart.

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 ...