Wednesday, September 26, 2012

AUD/JPY MT: the upside prevails.



Pivot: 79.35

Our preference: LONG positions above 79.35 with 84.75 & 88.55 in sight.
Alternative scenario: Below 79.35 look for further decline to 76.80.
Comment: the RSI is mixed with a bullish 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 ...