Tuesday, November 6, 2012

Copper‏ (Dec 12) intraday: the downside prevails.


Pivot: 3.51
Our preference: SHORT positions below 3.51 with targets @ 3.445 & 3.405.
Alternative scenario: The upside penetration of 3.51 will call for a rebound towards 3.545 & 3.565.
Comment: as long as 3.51 is resistance, likely decline to 3.445.


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 ...