Our preference: SHORT positions below 102.25 with 100.85 & 99.65 in sight.
Alternative scenario: The upside penetration of 102.25 will call for 103.15 & 103.75.
Comment: the break below 102.25 is a negative signal that has opened a path to 100.85.
Monday, September 30, 2013
Crude Oil (Nov 13) intraday: the downside prevails.
Pivot: 102.25
Our preference: SHORT positions below 102.25 with 100.85 & 99.65 in sight.
Alternative scenario: The upside penetration of 102.25 will call for 103.15 & 103.75.
Comment: the break below 102.25 is a negative signal that has opened a path to 100.85.
Our preference: SHORT positions below 102.25 with 100.85 & 99.65 in sight.
Alternative scenario: The upside penetration of 102.25 will call for 103.15 & 103.75.
Comment: the break below 102.25 is a negative signal that has opened a path to 100.85.
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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 ...
