Friday, November 9, 2012

Crude Oil‏ (Dec 12) intraday: key ST resistance at 86.2


Pivot: 86.20
Our preference: SHORT positions below 86.2 with 84.05 & 83.5 in sight.
Alternative scenario: The upside penetration of 86.2 will call for a rebound towards 87.3 & 89.2
Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.


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 ...