Wednesday, September 26, 2012

EUR/JPY intraday: under pressure.


Pivot: 101
Our preference: Short positions below 101 with targets @ 99.65 & 99.05 in extension.
Alternative scenario: Above 101 look for further upside with 101.7 & 102 as targets.
Comment: the pair has broken below its support and remains on the downside.

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 ...