Pivot: 108.60
Our Preference: LONG positions above 108.6 with main target at 117.3.
Alternative Scenario: Below 108.6 eye a drop towards 105.75 and 99.7 in extension.
Comment: the ascending 50-day moving average suggests that the Brent still has potential for a rise.
Stokcs, Metals, Energy, Forex, Crypto
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 ...
-
Oil fell down to $95 this weeky before turned bullish again. However, we think that latest bullish rversal is only temporary, as we are ...
-
Pivot: 3.49 Our preference: SHORT positions below 3.49 with targets @ 3.445 & 3.43. Alternative scenario: The upside penetration of...
-
Pivot: 107.30 Our preference: SHORT positions below 107.3 with targets @ 105.6 & 104.7. Alternative scenario: The upside penetration of ...