Monday, September 30, 2013

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

Pivot: 102.25

Our preference: SHORT positions below 102.25 with 100.85 & 99.65 in sight.

Alternative scenario: The upside penetration of 102.25 will call for 103.15 & 103.75.

Comment: the break below 102.25 is a negative signal that has opened a path to 100.85.

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 ...