Monday, November 5, 2012

Crude Oil‏ (Dec 12) intraday: under pressure.


Pivot: 85.95
Our preference: SHORT positions below 85.95 with 84 & 83.7 in sight.
Alternative scenario: The upside penetration of 85.95 will call for 86.8 & 87.4.
Comment: the RSI is bearish and calls for further downside.



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 ...