Monday, September 24, 2012

EUR/JPY intraday: the downside prevails.


Pivot: 102
Our preference: Short positions below 102 with targets @ 100.8 7 100.55 in extension.
Alternative scenario: Above 102 look for further upside with 102.5 7 103.05 as targets.
Comment: the pair remains on the downside and is challenging its previous low.

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 ...