Monday, September 2, 2013

Crude Oil‏ (Oct 13) intraday: the downside prevails.

Pivot: 107.50

Our preference: SHORT positions below 107.5 with 104.3 & 103.55 in sight.

Alternative scenario: The upside penetration of 107.5 will call for a rebound towards 108.6 & 110.

Comment: the RSI is capped by a bearish trend line.

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 ...