Wednesday, August 28, 2013

Crude Oil‏ (Oct 13) MT: further advance.

Pivot: 102.20

Our Preference: Bullish as long as 102.2 is support with targets at 114.7 and 118.25 in extension.

Alternative Scenario: Below 102.2 eye a drop towards 99 and 91.3 in extension.

Comment: the upward breakout of the bullish flag pattern signals the end of the pause and resumption of the preceding up trend.


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 ...