Tuesday, September 24, 2013

Crude Oil‏ (Nov 13) intraday: the downside prevails.

Pivot: 104.40

Our preference: SHORT positions below 104.4 with 103.1 & 101.9 as next targets.

Alternative scenario: The upside penetration of 104.4 will call for 105 & 105.6.

Comment: as long as the resistance at 104.4 is not surpassed, the risk of the break below 103.1 remains high.
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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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