Tuesday, September 25, 2012

AUD/USD intraday: turning up.


Pivot: 1.04
Our preference: Long positions above 1.04 with targets @ 1.047 @ 1.05 in extension.
Alternative scenario: Below 1.04 look for further downside with 1.038 & 1.0365 as targets.
Comment: the RSI is bullish and calls for further advance.

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 ...