Friday, September 13, 2013

Zinc‏ (LME) intraday: the downside prevails.

Pivot: 1890.0

Our preference: SHORT positions below 1890 with 1862 & 1847 in sight.

Alternative scenario: The upside penetration of 1890 will call for a rebound towards 1907 & 1927.

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 ...