Friday, November 30, 2012

Natural Gas‏ (Jan 13 - NYMEX) ST: as long as 3.45 is support look for 4.1


Our pivot point is at 3.45.
Our preference: as long as 3.45 is support look for 4.1.
Alternative scenario: below 3.45, expect 3.2 and 3.06.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace in the short term. The price is below its 20 day MA (3.69) but above its 50 day MA (3.53).


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 ...