Tuesday, November 20, 2012

Crude Oil‏ (Jan 13) intraday: bullish bias above 88.1


Pivot: 88.10
Our preference: LONG positions above 88.1 with 89.75 & 90.7 in sight.
Alternative scenario: The downside penetration of 88.1 will call for a slide towards 87.1 & 86.
Comment: the immediate trend remains up but the momentum is weak.


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 ...