Thursday, December 6, 2012

Crude Oil‏ (Jan 13) intraday: under pressure.

Pivot: 89.30
Our preference: SHORT positions below 89.3 with 87.5 & 86.5 as next targets.
Alternative scenario: The upside breakout of 89.3 will open the way to 90.3 & 90.85.
Comment: as long as the resistance at 89.3 is not surpassed, the risk of the break below 87.5 remains high.


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 ...