Thursday, November 22, 2012

Natural Gas‏ (Dec 12 - NYMEX) ST: the upside prevails as long as 3.69 is support


3.69 is our pivot point.
Our preference: the upside prevails as long as 3.69 is support.
Alternative scenario: below 3.69, expect 3.43 and 3.27.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. The price is above its 20 and 50 day MA (respectively at 3.66 and 3.44). Natural Gas (Dec 12-NYMEX) is currently trading near its 52 week high reached at 3.91 on 21/11/12.


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 ...