Friday, November 2, 2012

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


Pivot: 86.10
Our preference: LONG positions above 86.1 with 87.5 & 88.15 as next targets.
Alternative scenario: The downside penetration of 86.1 will call for 85 & 84.4.
Comment: supported by a rising trend line.


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 ...