Wednesday, September 18, 2013

Cotton‏ (Dec 13) intraday: bullish bias above 84

Pivot: 84.00

Our preference: LONG positions above 84 with 85 & 85.5 as next targets.

Alternative scenario: The downside penetration of 84 will call for 83.6 & 82.95.

Comment: supported by a rising trend line.


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 ...