Tuesday, September 10, 2013

Zinc‏ (LME) intraday: key ST resistance at 1907

Pivot: 1907.0

Our preference: SHORT positions below 1907 with 1862 & 1847 in sight.

Alternative scenario: The upside penetration of 1907 will call for a rebound towards 1927 & 1940.

Comment: the RSI is mixed and calls for caution.


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 ...