Friday, November 9, 2012

Copper‏ (Dec 12) intraday: further upside.


Pivot: 3.45
Our preference: LONG positions above 3.45 with 3.5 & 3.52 as next targets.
Alternative scenario: The downside penetration of 3.45 will call for a slide towards 3.425 & 3.4.
Comment: the RSI is bullish and calls for further upside.


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 ...