Wednesday, September 25, 2013

Crude Oil‏ (Nov 13) intraday: under pressure.

Pivot: 104.10

Our preference: SHORT positions below 104.1 with targets @ 102.3 & 100.85.

Alternative scenario: The upside breakout of 104.1 will open the way to 105 & 105.6.

Comment: as long as 104.1 is resistance, likely decline to 102.3.
By at

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 ...

  • China data signal further room to tighten policy
    HONG KONG (MarketWatch) — China's consumer inflation accelerated in March to its fastest rate in almost three years, slightly ahead of e...
  • Commodity Trading 101
    1.1 - Why is Buying Low & Selling High So Elusive? The objective is simple and seems so easy to achieve - - buy low and sell high, or se...
  • Chinese data raise concerns of slowdown
    HONG KONG (MarketWatch) — Chinese economic data released Wednesday showed consumer inflation moderated slightly in April, though remaining a...