Friday, September 28, 2012

EUR/JPY intraday: key ST resistance at 100.5.


Pivot: 100.5
Our preference; Short positions below 100.5 with targets @ 99.65 & 99.05 in extension.
Alternative scenario: Above 100.5 look for further upside with 101 & 101.7 as targets.
Comment: as long as 100.5 is resistance, likely decline to 99.65.

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 ...