Friday, November 23, 2012

Copper‏ (Dec 12) intraday: under pressure.

Pivot: 3.52
Our preference: SHORT positions below 3.515 with 3.48 & 3.47 in sight.
Alternative scenario: The upside penetration of 3.515 will call for a rebound towards 3.54 & 3.56.
Comment: as long as 3.515 is resistance, likely decline to 3.48.


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 ...