Wednesday, September 11, 2013

Copper‏ (Dec 13) MT: continuation of the rebound.

Pivot: 3.20

Our Preference: Bullish above 3.2 with target at 3.4 and 3.52 in extension.

Alternative Scenario: Below 3.2, look for a new pullback to 2.98 and 2.75 in extension.

Comment: the ascending 50-day moving average suggests that the Copper still has potential for a rise.

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 ...