Monday, October 15, 2012

Nickel‏ (LME) intraday: under pressure.


Pivot: 17390.
Our preference: SHORT positions below 17390 with 16850 & 16530 in sight.
Alternative scenario: The upside breakout of 17390 will open the way to 17575 & 17860.
Comment: the immediate trend remains down and the momentum is strong.


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 ...