Monday, October 15, 2012

Ethanol‏ (Nov 12) intraday: continuation of the rebound.


Pivot: 2.38
Our preference: Long positions above 2.38 with targets @ 2.51 & 2.55 in extension.
Alternative scenario: Below 2.38 look for further downside with 2.33 & 2.275 as targets.
Comment: the next resistance are at 2.51 and then at 2.55.


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 ...