Thursday, September 19, 2013

Cotton‏ (Dec 13) intraday: further advance.

Pivot: 84.50

Our preference: LONG positions above 84.5 with 86.55 & 87.75 in sight.

Alternative scenario: The downside penetration of 84.5 will call for a slide towards 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 ...