Friday, November 2, 2012

Crude Oil‏ (Dec 12) intraday: bullish bias above 86.25


Pivot: 86.25
Our preference: LONG  positions @ 86.6 with 87.5 & 88.15 in sight.
Alternative scenario: The downside penetration of 86.25 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 ...