Tuesday, June 12, 2012

Crude Oil Intraday | Pre-EU

Crude Oil (Jul 12) intraday: the downside prevails.

Pivot: 83.20
Most Likely Scenario: SHORT positions below 83.2 with targets @ 81.05 & 80.
Alternative scenario: The upside penetration of 83.2 will call for 83.85 & 84.5.
Comment: The RSI is bearish and calls for further downside.

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 ...