Thursday, November 29, 2012

Crude Oil‏ (Jan 13) intraday: the bias remains bullish.


Pivot: 86.40
Our preference: LONG positions above 86.4 with targets @ 87.6 & 88.5.
Alternative scenario: The downside penetration of 86.4 will call for a slide towards 85.35 & 84.55.
Comment: the RSI is bullish and calls for further upside.

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 ...