Monday, September 24, 2012

AUD/USD intraday: under pressure.


Pivot: 1.047
Our preference: Short positions below 1.047 with targets @ 1.039 7 1.0365 in extension.
Alternative scenario: Above 1.047 look for further upside with 1.05 & 1.053 as targets.
Comment: the RSI is mixed to bearish.

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 ...