Wednesday, September 26, 2012

EUR/GBP MT: the downside prevails.

Pivot: 0.8150
Our preference: SHORT below 0.8150 with targets @ 0.7935 & 0.782.
Alternative Scenario: Above 0.8150 aim @ 0.83.
Comment: the pair has struck against its resistance and is shaping a bearish flag.

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 ...