Tuesday, September 10, 2013

Aluminium‏ (LME) intraday: the downside prevails.

Pivot: 1822.0

Our preference: SHORT positions below 1822 with 1785 & 1774 as next targets.

Alternative scenario: The upside penetration of 1822 will call for a rebound towards 1833 & 1840.

Comment: technically, the RSI is below its neutrality area at 50.

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 ...