Wednesday, September 11, 2013

Aluminium‏ (LME) MT: the upside prevails.

Pivot: 1770

Our preference: Long positions above 1770 with targets @ 1949 & 2032 in extension.

Alternative scenario: Below 1770 look for further downside with 1695 & 1545 as targets.

Comment: the RSI is mixed and calls for caution.

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 ...