Wednesday, September 11, 2013

Soybeans‏ (Nov 13) intraday: key ST resistance at 1362

Pivot: 1362.00

Our preference: SHORT positions below 1362 with 1349 & 1335 in sight.

Alternative scenario: The upside penetration of 1362 will call for a rebound towards 1383 & 1408.

Comment: the RSI is capped by a bearish trend line.


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 ...