Connect with us

Analys från ForexYard

Crude Oil (Sep 13) MT: bullish bias above 97.5.

Published

on

Crude Oil (Sep 13) MT: bullish bias above 97.5.

Pivot: 97.50

Our Preference: Bullish as long as 97.5 is support with targets at 109 and 114.7 in extension.

Alternative Scenario: Below 97.5 eye a drop towards 91.3 and 85.6 in extension.

Comment: the RSI is mixed and calls for caution. Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Trend: ST Consolidation; MT Bullish, we have been bullish since 19 JUN 2013 (98.8).

Key levels Comment

118.75 Fib projection

114.7 Horizontal resistance

109 Horizontal resistance

105.25 Last

97.5 Pivot point

91.3 Horizontal support

85.6 Horizontal support

Copyright 1999 – 2013 TRADING CENTRAL

Analys från ForexYard

USD/JPY ST: rebound.

Published

on

USD/JPY ST: rebound.

Pivot: 116

Our preference: long positions above 116 with targets @ 123.8 126 in extension.

Alternative scenario: below 116 look for further downside with 113.85 110 as targets.

Comment: the RSI is well directed.

Supports and resistances:

127.7 **

126 ***

123.8 ***

121.628 Last

116 ***

113.85 ***

110 **

Copyright 1999 – 2016 TRADING CENTRAL

Continue Reading

Analys från ForexYard

Crude Oil (WTI) (H6) Intraday: further upside.

Published

on

Crude Oil (WTI) (H6) Intraday: further upside.

Pivot: 32.8

Our preference: long positions above 32.8 with targets @ 34.84 35.9 in extension.

Alternative scenario: below 32.8 look for further downside with 31.7 30.6 as targets.

Comment: the break above 32.8 is a positive signal that has opened a path to 34.84.

Supports and resistances:

36.7

35.9

34.84

33.58 Last

32.8

31.7

30.6

Copyright 1999 – 2016 TRADING CENTRAL

Continue Reading

Analys från ForexYard

Crude Oil (WTI) (H6) ST: caution.

Published

on

Crude Oil (WTI) (H6) ST: caution.

Pivot: 35

Our preference: short positions below 35 with targets @ 26 23.3 in extension.

Alternative scenario: above 35 look for further upside with 38.5 43.5 as targets.

Comment: investors have to remain cautious since these levels may trigger profit taking.

Supports and resistances:

43.5 **

38.5 **

35 ***

33.82 Last

26 ***

23.3 **

20 **

Copyright 1999 – 2016 TRADING CENTRAL

Continue Reading

Trending

Copyright © 2017 Zox News Theme. Theme by MVP Themes, powered by WordPress.