Tuesday, November 20, 2012

Copper‏ (Dec 12) intraday: further advance.


Pivot: 3.50
Our preference: LONG positions above 3.495 with 3.54 & 3.56 as next targets.
Alternative scenario: The downside penetration of 3.495 will call for a slide towards 3.48 & 3.47.
Comment: the RSI has just landed on its neutrality area at 50% and is turning up.


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 ...