Wednesday, September 18, 2013

Brent‏ (Nov 13) intraday: the downside prevails.

Pivot: 108.75

Our preference: SHORT positions below 108.75 with targets @ 107.4 & 106.2.

Alternative scenario: The upside breakout of 108.75 will open the way to 109.2 & 110.25.

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

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 ...