Monday, October 15, 2012

Brent‏ (Dec 12) intraday: the downside prevails.


Pivot: 114.00
Our preference: SHORT  positions below 114 with targets @ 112.7 & 111.8
Alternative scenario: The upside penetration of 114 will call for 114.95 & 115.8.
Comment: the RSI is below its neutrality area at 50%


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 ...