Friday, September 21, 2012

AUD/USD intraday: further advance.


Pivot: 1.0415
Our preference: Long positions above 1.0415 with targets @ 1.0495 & 1.053 in extension.
Alternative scenario: Below 1.0415 look for further downside with 1.037 & 1.032 as targets.
Comment: the RSI is bullish and calls for further upside.

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 ...