| Pivot: 123 |
| Our Preference: Short positions below 123 with targets @ 121.7 & 121.15 in extension. |
| Alternative Scenario: Above 123 look for further upside with 123.7 & 124 as targets. |
| comment: as long as 123 is resistance, look for choppy price action with bearish bias. |
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 ...
-
Pound is falling sharply for the past two weeks from 1.6180 Jan 11 swing high. Notice that decline from that high can be easily counted in ... -
At the start of January we discussed about two possibles with members regarding the pattern on Dollar Index in wave (B) position; we menti...
-
EURGBP is trading sharply higher, now already up around 5.8% since start of January and it seems that current bullish trend will not end a...
