Friday, September 27, 2013

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

Pivot: 103.30

Our preference: SHORT positions below 103.3 with 102.2 & 100.85 in sight.

Alternative scenario: The upside penetration of 103.3 will call for a rebound towards 103.95 & 105.

Comment: capped by a negative 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 ...