Tuesday, October 23, 2012

Crude Oil‏ (Dec 12) intraday: under pressure.



Pivot: 89.90
Our Preference: SHORT positions below 89.9 with 88 & 86.6 in sight.
Alternative scenario: The upside penetration of 89.9 will call for a rebound towards 91.25 & 92.25.
Comment: as long as 89.9 is resistance, likely decline to 88.
Trend: ST Consolidation; MT Range
By at

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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