Thursday, November 8, 2012

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

Pivot: 87.30
Our preference: LONG positions above 87.3 with targets @ 89.2 & 90.3.
Alternative scenario: The downside penetration of 87.3 will call for a slide towards 86.5 & 85.8.
Comment: the RSI lacks downward momentum.


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 ...