Monday, November 5, 2012

Copper‏ (Dec 12) intraday: 3.43 in sight


Pivot: 3.49
Our preference: SHORT positions below 3.49 with targets @ 3.445 & 3.43.
Alternative scenario: The upside penetration of 3.49 will call for a rebound towards 3.505 & 3.525.
Comment: the RSI is capped by a declining trend line.


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 ...