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 ...
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Pivot: 87.65 Our preference: LONG positions above 87.65 with targets @ 89.6 & 90.8. Alternative scenario: The downside penetration ...
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AUDUSD turned sharply lower and made a daily close beneath rising trend-line connected from March lows. We also need to consider that... -
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 ...
