Thursday, August 29, 2013

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

Pivot: 110.00

Our preference: SHORT positions below 110 with targets @ 108.3 & 107.4.

Alternative scenario: The upside penetration of 110 will call for a rebound towards 110.7 & 112.2.

Comment: the RSI is below its neutrality area at 50%
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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