Wednesday, September 19, 2012

EUR/GBP intraday: under pressure.


Pivot: 0.806
Our preference: Short positions below 0.806 with targets @  0.801 & 0.799 in extension.
Alternative scenario: Above 0.806 look for further upside with 0.808 7 0.81 as targets.
Comment: the pair remains on the downside and is approaching its support.

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 ...