Our preference: LONG positions above 22.25 with 23.3 & 23.6 in sight.
Alternative scenario: The downside breakout of 22.25 will open the way to 21.7 & 21.25.
Comment: the RSI has just landed on a support around 30% and is reversing up.
Thursday, August 22, 2013
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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Pivot: 78.45 Our preference: Short positions below 78.45 with targets @ 78.05 & 77.85 in extension. Alternative scenario: Above 78....
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Pivot: 92.85 Our preference: SHORT positions below 92.85 with 91.55 & 90.8 as next targets. Alternative scenario: The upside break...
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ALL commodities price are are topping out it recent highs. All price are below pivot points now on today's trading range. There are can ...
