Tuesday, September 10, 2013

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

Pivot: 109.80

Our preference: SHORT positions below 109.8 with 107.5 & 106.75 in sight.

Alternative scenario: The upside breakout of 109.8 will open the way to 110.7 & 111.5.

Comment: technically, the RSI is below its neutrality area at 50.

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 ...