Thursday, August 29, 2013

Crude Oil‏ (Oct 13) intraday: key ST resistance at 110.7

Pivot: 110.70

Our preference: SHORT positions below 110.7 with targets @ 108.3 & 107.4.

Alternative scenario: The upside penetration of 110.7 will call for 112.2 & 114.

Comment: the RSI is bearish and calls for further downside.

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 ...