Tuesday, November 6, 2012

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


Pivot: 84.85
Our preference: LONG positions above 84.85 with 85.95 & 86.8 as next targets.
Alternative scenario: The downside breakout of 84.85 will open the way to 84.3 & 83.7.
Comment: the RSI is mixed with a bullish bias.


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 ...