Monday, September 16, 2013

Aluminium‏ (LME) intraday: the downside prevails.

Pivot: 1807.0

Our preference: SHORT positions below 1807 with 1792 & 1785 in sight.

Alternative scenario: The upside breakout of 1807 will open the way to 1813 & 1821.

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 ...