Wednesday, September 26, 2012

EUR/JPY MT: the upside prevails.


Pivot: 97.50
Our preference: LONG positions above 97.5 with 104.5 & 108.8 in sight.
Alternative Scenario: Below 97.5 down move to 95.5 & 94.
Comment: the pair has struck against its resistance and is facing a pull back.


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 ...