Wednesday, September 4, 2013

Lead‏ (LME) intraday: the downside prevails.

Pivot: 2169.0

Our preference: SHORT positions below 2169 with 2140 & 2112 in sight.

Alternative scenario: The upside penetration of 2169 will call for 2186 & 2200.

Comment: as long as the resistance at 2169 is not surpassed, the risk of the break below 2140 remains high.

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 ...