Pivot: 7010
Our preference: Long positions above 7010 with targets @ 7505 & 7735 in extension.
Alternative scenario: Below 7010 look for further downside with 6605 & 6050 as targets.
Comment: the ascending 50-day moving average suggests that the Copper still has potential for a rise.
Stokcs, Metals, Energy, Forex, Crypto
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 ...
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Oil fell down to $95 this weeky before turned bullish again. However, we think that latest bullish rversal is only temporary, as we are ...
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SYDNEY (MarketWatch) — Crude-oil futures dipped in Asian trading on Monday, despite the world's largest oil exporter, Saudi Arabia, sayi...
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Pivot: 3.49 Our preference: SHORT positions below 3.49 with targets @ 3.445 & 3.43. Alternative scenario: The upside penetration of...