Crude double top at 87 actived target 80.40. Can we have here bearish formation "Bearish wedge" or ascending channel. Wedge target 69.50 if this is a ascending channel low of the band 73.
But for now we will focus this update short-term view. Key number short-term range 82.12 (EMA55) and 80. Above this area trend bullish for now. Breakout downside 80 we would see 76.50 Continuation will give 73.
Resistance short-term 84.14 and 85.22 resistance medium term 92.
Click to zoom in. Good luck folks.
Wednesday, April 28, 2010
Tuesday, April 27, 2010
$GOLD Daily Market Thought 28042010
So far so good very nice run today. But remember resistance range [1165,1175] today the high around 1173 close around 1168. Key number now 1146 today lows.
$EURUSD Daily Market Thought 28042010
EURUSD didn`t broke/close above EMA200 hour chart today and Breakout 1.327 open the door to new lows can expect 1.3140 coming hours.
Big picture nothing new last sessions. Click to zoom in. Good luck folks.
Big picture nothing new last sessions. Click to zoom in. Good luck folks.
Monday, April 26, 2010
$EURUSD Market Thought 27402010
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