Friday, August 30, 2013

Crude Oil‏ (Oct 13) intraday: up turn.

Pivot: 106.60

Our preference: LONG positions above 106.6 with 108.6 & 110 as next targets.

Alternative scenario: The downside penetration of 106.6 will call for 105.55 & 104.3.

Comment: a support base at 106.6 has formed and has allowed for a temporary stabilisation.

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 ...