Tuesday, September 17, 2013

Copper‏ (LME) intraday: up turn.

Pivot: 7025.0

Our preference: LONG positions above 7025 with 7150 & 7174 in sight.

Alternative scenario: The downside penetration of 7025 will call for a slide towards 6975 & 6910.

Comment: the RSI lacks downward momentum.

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 ...