Wednesday, November 21, 2012

Copper‏ (Dec 12) intraday: the downside prevails.


Pivot: 3.53
Our preference: SHORT positions below 3.525 with targets @ 3.48 & 3.47.
Alternative scenario: The upside breakout of 3.525 will open the way to 3.54 & 3.56.
Comment: the RSI is badly directed.


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 ...