Tuesday, September 10, 2013

Brent‏ (Oct 13) intraday: the downside prevails.

Pivot: 114.50

Our preference: SHORT positions below 114.5 with 112.2 & 111.65 as next targets.

Alternative scenario: The upside breakout of 114.5 will open the way to 115.55 & 116.55.

Comment: the RSI is mixed and calls for caution.

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 ...