| 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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Crude Oil (Oct 13) intraday: further advance. # Technical Analysis Pivot: 108.80 Our preference: LONG positions above 108.8 with 110.7 ...
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Pivot: 1371.00 Our preference: LONG positions above 1371 with targets @ 1391 & 1399. Alternative scenario: The downside breakout of 1371...
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Pivot: 82.95 Our preference: LONG positions above 82.95 with targets @ 84.5 & 84.9. Alternative scenario: The downside penetration of 82...