Thursday, September 12, 2013

Copper‏ (LME) intraday: the downside prevails.

Pivot: 7210.0

Our preference: SHORT positions below 7210 with targets @ 7083 & 7042.

Alternative scenario: The upside penetration of 7210 will call for a rebound towards 7245 & 7285.

Comment: capped by a negative 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 ...