Tuesday, September 10, 2013

Copper‏ (LME) intraday: the downside prevails.

Pivot: 7245.0

Our preference: SHORT positions below 7245 with targets @ 7130 & 7083.

Alternative scenario: The upside penetration of 7245 will call for a rebound towards 7285 & 7350.

Comment: the RSI is capped by a declining trend line.

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 ...