Monday, September 16, 2013

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

Pivot: 83.60

Our preference: LONG positions above 83.6 with 84.85 & 85.5 in sight.

Alternative scenario: The downside penetration of 83.6 will call for a slide towards 82.95 & 82.1.

Comment: intraday support around 83.6

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 ...