Wednesday, October 17, 2012

Copper‏ (Dec 12) intraday: up turn.


Pivot: 3.69
Our preference: LONG positions above 3.69 with 3.75 & 3.775 as next targets.
Alternative scenario: The downside penetration of 3.69 will call for a slide towards 3.66 & 3.645.
Comment: the RSI is mixed with a bullish bias.


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 ...