Wednesday, October 17, 2012

Crude Oil‏ (Nov 12) intraday: the bias remains bullish.


Pivot: 91.40
Our preference: LONG positions above 91.4 with 92.9 & 93.7 in sight.
Alternative scenario: The downside breakout of 91.4 will open the way to 90.8 & 89.8.
Comment: the upward breakout of the descending channel is a bullish signal.

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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 ...