Wednesday, September 11, 2013

Corn‏ (Dec 13) intraday: key ST resistance at 470

Pivot: 470.00

Our preference: SHORT positions below 470 with 461 & 457 in sight.

Alternative scenario: The upside breakout of 470 will open the way to 476 & 483.

Comment: as long as 470 is resistance, likely decline to 461.

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 ...