Thursday, September 20, 2012

AUD/USD intraday: under pressure.


Pivot: 1.046
Our preference: Short positions below 1.046 with targets @ 1.0385 & 1.0355 in extension.
Alternative scenario: Above 1.046 look for further upside with 1.0495 & 1.0515 as targets.
Comment: the pair has broken below its support and is under pressure.

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 ...