Monday, November 12, 2012

Crude Oil‏ (Dec 12) intraday: up turn.


Pivot: 85.20
Our preference: LONG positions above 85.2 with 86.8 & 87.3 in sight.
Alternative scenario: The downside penetration of 85.2 will call for a slide towards 84.05 & 83.5.
Comment: the RSI is mixed with a bullish bias.


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 ...