Wednesday, September 11, 2013

Aluminium‏ (LME) intraday: the downside prevails.

Pivot: 1819.0

Our preference: SHORT positions below 1819 with 1794 & 1785 in sight.

Alternative scenario: The upside penetration of 1819 will call for a rebound towards 1833 & 1840.

Comment: the RSI is mixed with a bearish bias.

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 ...