Pivot: 123 |
Our Preference: Short positions below 123 with targets @ 121.7 & 121.15 in extension. |
Alternative Scenario: Above 123 look for further upside with 123.7 & 124 as targets. |
comment: as long as 123 is resistance, look for choppy price action with bearish bias. |
Stokcs, Metals, Energy, Forex, Crypto
Tuesday, July 31, 2012
GBP/JPY intraday: under pressure.
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 ...
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HONG KONG (MarketWatch) — China's consumer inflation accelerated in March to its fastest rate in almost three years, slightly ahead of e...
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1.1 - Why is Buying Low & Selling High So Elusive? The objective is simple and seems so easy to achieve - - buy low and sell high, or se...
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HONG KONG (MarketWatch) — Chinese economic data released Wednesday showed consumer inflation moderated slightly in April, though remaining a...