Wednesday, September 26, 2012

CAD/JPY MT: the upside prevails.


Pivot: 76.55
Our preference: LONG positions above 76.55 with 81.80 & 85.05 in sight.
Alternative scenario: Below 76.55 look for further decline to 74.65.
Comment: the pair is facing a pull back ahead of 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 ...