Thursday, November 29, 2012

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


Pivot: 86.90
Our preference: SHORT positions below 86.9 with 85.15 & 84.55 as next targets.
Alternative scenario: The upside penetration of 86.9 will call for 87.8 & 88.5.
Comment: as long as the resistance at 86.9 is not surpassed, the risk of the break below 85.15 remains high.


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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