Tuesday, August 27, 2013

Crude Oil‏ (Oct 13) intraday: the bias remains bullish.

Pivot: 105.75

Our preference: LONG positions above 105.75 with 106.7 & 107.35 in sight.

Alternative scenario: The downside penetration of 105.75 will call for a slide towards 105 & 104.3.

Comment: the RSI lacks downward momentum.

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 ...