Tuesday, September 18, 2012

EUR/JPY intraday: the upside prevails.


Pivot: 102.45
Our preference: Long positions above 102.45 with targets @ 103.9 & 104.45 in extension.
Alternative scenario: Below 102.45 look for further downside with 101.95 & 100.95 as targets.
Comment: the pair is pulling back but stands above its support.

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 ...