Saturday, October 9, 2010

Crude Oil: Buying Signal

Since long time crude is not getting push up. Wait till Monday-Tuesday, how market will react.  Indicators are guiding to buy crude oil. But what do I suggest is buying near by $78-80 is more safer. If gold break the latest high, then buying near by $ 85 may be second option.
Click on Image to enlarge

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 ...

  • Jobless Claim Reports
    Report This Week Previous Jobless Claims 439 K 435K   Jobless Claims slightly rose by 4000 this week but fewer than forecasted. Fund...
  • USD/JPY intraday: key ST resistance at 78.45.
    Pivot: 78.45 Our preference: Short positions below 78.45 with targets @ 78.05 & 77.85 in extension. Alternative scenario: Above 78....
  • Buy Natural Gas April
    Buy Natural Gas April around $ 4.0-3.92 Stop Loss Below $ 3.822 Target $ 4.20-$4.44