Our preference: Short positions below 244.5 with targets @ 235 & 233 in extension.
Alternative scenario: Above 244.5 look for further upside with 251.4 & 257.5 as targets.
Comment: the RSI is bearish and calls for further downside.
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 ...
-
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...
-
Pivot: 107.30 Our preference: SHORT positions below 107.3 with targets @ 105.6 & 104.7. Alternative scenario: The upside penetration of ...
