Thursday, September 20, 2012

EUR/JPY intraday: under pressure.


Pivot: 102.4
Our preference: Short positions below 102.4 with targets @ 101.4 & 100.8 in extension.
Alternative scenario: Above 102.4 look for further upside with 103.05 & 103.65 as targets.
Comment: the pair has broken below its support and is under pressure.

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 ...