Pivot: 1793.0
Our preference: SHORT positions below 1793 with 1776 & 1768 as next targets.
Alternative scenario: The upside penetration of 1793 will call for a rebound towards 1801 & 1813.
Comment: as long as 1793 is resistance, look for choppy price action with a bearish bias.
Stokcs, Metals, Energy, Forex, Crypto
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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Pivot: 3.49 Our preference: SHORT positions below 3.49 with targets @ 3.445 & 3.43. Alternative scenario: The upside penetration of...
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Pivot: 1793.0 Our preference: SHORT positions below 1793 with 1776 & 1768 as next targets. Alternative scenario: The upside penetration ...
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Oil fell down to $95 this weeky before turned bullish again. However, we think that latest bullish rversal is only temporary, as we are ...