Wednesday, October 2, 2013

Crude Oil‏ (Nov 13) intraday: rebound.

Pivot: 101.00

Our preference: LONG positions above 101 with targets @ 102.75 & 103.25.

Alternative scenario: The downside penetration of 101 will call for a slide towards 99.65 & 98.4.

Comment: a support base at 101 has formed and has allowed for a temporary stabilisation.

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 ...