Gold spiked higher after the NFP but despite this bullish run, our wave count is pointing lower. The reason is structure from 1652 which cannot be counted impulsively, therefore we think its a complex corrective move with another possible test of 1683 before larger downtrend resumes.
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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 ...
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GOLD (Spot) intraday: the bias remains bullish. Pivot: 1371.00 Our preference: LONG positions above 1371 with targets @ 1399 & 1416. ...
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Crude Oil (Oct 13) intraday: further advance. # Technical Analysis Pivot: 108.80 Our preference: LONG positions above 108.8 with 110.7 ...
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Pivot: 1398.00 Our preference: LONG positions above 1398 with targets @ 1416 & 1423. Alternative scenario: The downside penetration of 1...
