Thursday, November 8, 2012

Crude Oil‏ (Dec 12) intraday: the downside prevails.


Pivot: 86.20
Our preference: SHORT positions below 86.2 with 84.35 & 83.5 in sight.
Alternative scenario: The upside penetration of 86.2 will call for a rebound towards 87.3 & 89.2.
Comment: the immediate trend remains down but the momentum is weak.


By at

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 ...