Tuesday, October 12, 2010

Copper Indicating Short for a While

After a long rally now copper is indicating for some pull back. If gold remains in the present scenario 1330-1366, copper may test 3.62 and If gold fails to hold above 1330, copper may test 3.48. Selling near by 3.78 - 3.75 is safer.
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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 ...