Monday, October 15, 2012

Zinc‏ (LME) intraday: the downside prevails.


Pivot: 1948.0
Our preference: SHORT positions below 1948 with targets @ 1908 & 1894.
Alternative scenario: The upside penetration of 1948 will call for 1967 & 1995.
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 ...