Monday, October 15, 2012

Crude Oil‏ (Nov 12) intraday: the downside prevails.


Pivot: 92.00
Our preference: SHORT positions below 92 with targets @ 90.3 & 89.3.
Alternative scenario: The upside breakout of 92 will open the way to 92.9 & 93.7.
Comment: the RSI advocates for further decline.


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 ...