ChristopherHoerrmann

ChristopherHoerrmann

CHF/JPY is one of those pairs that is easily overlooked but can provide some solid moves with the risk of blinking and missing it." I have been keeping an eye on its pullback from the November high as it tried to build a base around the May and June highs, and i believe it is ready to break out to the upside.

ChristopherHoerrmann

The correction phase led crude to $ 62.25. The 200-day line could so far act as support in correction phases. Currently, the contract is traded for 3 days below this important line. If it remains below it, a more extended correction must be assumed. In this case, i do not recommend a long position. If Crude would conquer the 200-day line again, this can be...