Monday, September 16, 2013

Soybeans‏ (Nov 13) intraday: the downside prevails.

Pivot: 1385.00

Our preference: SHORT positions below 1385 with 1342 & 1320 as next targets.

Alternative scenario: The upside penetration of 1385 will call for 1399 & 1409.

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 ...