Our preference: SHORT positions below 104.1 with targets @ 102.3 & 100.85.
Alternative scenario: The upside penetration of 104.1 will call for a rebound towards 105 & 105.6.
Comment: as long as 104.1 is resistance, likely decline to 102.3.
Wednesday, September 25, 2013
Crude Oil (Nov 13) intraday: the downside prevails.
Pivot: 104.10
Our preference: SHORT positions below 104.1 with targets @ 102.3 & 100.85.
Alternative scenario: The upside penetration of 104.1 will call for a rebound towards 105 & 105.6.
Comment: as long as 104.1 is resistance, likely decline to 102.3.
Our preference: SHORT positions below 104.1 with targets @ 102.3 & 100.85.
Alternative scenario: The upside penetration of 104.1 will call for a rebound towards 105 & 105.6.
Comment: as long as 104.1 is resistance, likely decline to 102.3.
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 ...
-
GOLD (Spot) intraday: the bias remains bullish. Pivot: 1371.00 Our preference: LONG positions above 1371 with targets @ 1399 & 1416. ...
-
Crude Oil (Oct 13) intraday: further advance. # Technical Analysis Pivot: 108.80 Our preference: LONG positions above 108.8 with 110.7 ...
-
Pivot: 1398.00 Our preference: LONG positions above 1398 with targets @ 1416 & 1423. Alternative scenario: The downside penetration of 1...
