Wednesday, September 18, 2013

Nickel‏ (LME) intraday: the bias remains bullish.

Pivot: 13600.

Our preference: LONG positions above 13600 with targets @ 14000 & 14120.

Alternative scenario: The downside breakout of 13600 will open the way to 13460 & 13230.

Comment: a support base at 13600 has formed and has allowed for a temporary stabilisation.

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 ...