Thursday, September 19, 2013

Crude Oil‏ (Nov 13) intraday: further upside.

Pivot: 106.60

Our preference: LONG positions above 106.6 with 108.2 & 108.75 in sight.

Alternative scenario: The downside penetration of 106.6 will call for 105.7 & 104.4.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

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 ...