Our preference: LONG positions above 1398 with targets @ 1416 & 1423.
Alternative scenario: The downside penetration of 1398 will call for a slide towards 1385 & 1374.
Comment: the RSI is negative but supported by a strong support.
Wednesday, September 4, 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 ... -
SYDNEY (MarketWatch) — Crude-oil futures dipped in Asian trading on Monday, despite the world's largest oil exporter, Saudi Arabia, sayi...
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Pivot: 3.49 Our preference: SHORT positions below 3.49 with targets @ 3.445 & 3.43. Alternative scenario: The upside penetration of...
