Thursday, September 27, 2012

EUR/GBP intraday: the bias remains bullish.


Pivot: 0.793
Our preference: Long positions above 0.793 with targets @ 0.7975 & 0.8 in extension.
Alternative scenario: Below 0.793 look for further downside with 0.7905 & 0.788 as targets.
Comment: the RSI lacks downward momentum.

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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 ...

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