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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.
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 ...
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Pivot: 78.45 Our preference: Short positions below 78.45 with targets @ 78.05 & 77.85 in extension. Alternative scenario: Above 78....
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Pivot: 92.85 Our preference: SHORT positions below 92.85 with 91.55 & 90.8 as next targets. Alternative scenario: The upside break...
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EURUSD extended its losses today after worse than expected GDP figures from Germany (-0.6%), Italy (-0.9%), France (-0.3%) and also after po...
