Thursday, September 12, 2013

Brent‏ (Oct 13) intraday: rebound in sight.

Pivot: 109.40

Our preference: LONG positions above 109.4 with targets @ 111.3 & 112.2.

Alternative scenario: The downside penetration of 109.4 will call for a slide towards 108.4 & 107.8.

Comment: the RSI is above its neutrality area at 50%.

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 ...