| Pivot: 123 |
| Our Preference: Short positions below 123 with targets @ 121.7 & 121.15 in extension. |
| Alternative Scenario: Above 123 look for further upside with 123.7 & 124 as targets. |
| comment: as long as 123 is resistance, look for choppy price action with bearish bias. |
Stokcs, Metals, Energy, Forex, Crypto
Tuesday, July 31, 2012
GBP/JPY intraday: under pressure.
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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Buy Natural Gas April around $ 4.0-3.92 Stop Loss Below $ 3.822 Target $ 4.20-$4.44
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Today: Its Buy call from my side. Copper: Heading toward $ 400 Silver: Heading toward $ 30 Gold: Heading toward $ 1400 Crude Oil: Headi...
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Report This Week Previous Jobless Claims 439 K 435K Jobless Claims slightly rose by 4000 this week but fewer than forecasted. Fund...