Friday, November 23, 2012

Crude Oil‏ (Jan 13) intraday: the downside prevails.


Pivot: 88.00
Our preference: SHORT positions below 88 with targets @ 86.2 & 85.15.
Alternative scenario: The upside breakout of 88 will open the way to 88.6 & 89.75.
Comment: as long as 88 is resistance, expect a return to 86.2.


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 ...