Monday, September 24, 2012

EUR/USD intraday: key ST resistance at 1.3


Pivot: 1.3000.
Our preference: SHORT positions @ 1.299 with 1.292 & 1.2885 in sight.
Alternative scenario: The upside breakout of 1.3 will open the way to 1.3045 7 1.307.
Comment: the pair remains under pressure and is challenging 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 ...