Wednesday, September 11, 2013

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

Pivot: 108.00

Our preference: SHORT positions below 108 with targets @ 106.4 & 105.6.

Alternative scenario: The upside penetration of 108 will call for 108.9 & 109.75.

Comment: 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 ...