Our Preference: As long as 1348 is resistance look for a drop towards 1273 & 1180.
Alternative scenario: An upside breakout of 1434 would open the way towards 1522.
Comment: a bearish flag pattern is confirmed, calling for a new down leg.
Monday, September 16, 2013
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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Oil fell down to $95 this weeky before turned bullish again. However, we think that latest bullish rversal is only temporary, as we are ... -
Pivot: 3.49 Our preference: SHORT positions below 3.49 with targets @ 3.445 & 3.43. Alternative scenario: The upside penetration of...
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Pivot: 107.30 Our preference: SHORT positions below 107.3 with targets @ 105.6 & 104.7. Alternative scenario: The upside penetration of ...
