Friday, September 13, 2013

Cotton‏ (Dec 13) intraday: the bias remains bullish.

Pivot: 83.60

Our preference: LONG positions above 83.6 with 84.9 & 85.5 in sight.

Alternative scenario: The downside breakout of 83.6 will open the way to 82.95 & 82.1.

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 ...