Tuesday, September 18, 2012

EUR/USD intraday: turning down.


Pivot: 1.314
Our preference: Short positions below 1.314 with targets @ 1.3015 & 1.2975 in extension.
Alternative scenario: Above 1.314 look for further upside with 1.317 & 1.3205 as targets.
Comment: the pair is breaking below its support as the RSI is badly directed.

By at

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 ...

  • China data signal further room to tighten policy
    HONG KONG (MarketWatch) — China's consumer inflation accelerated in March to its fastest rate in almost three years, slightly ahead of e...
  • Commodity Trading 101
    1.1 - Why is Buying Low & Selling High So Elusive? The objective is simple and seems so easy to achieve - - buy low and sell high, or se...
  • Chinese data raise concerns of slowdown
    HONG KONG (MarketWatch) — Chinese economic data released Wednesday showed consumer inflation moderated slightly in April, though remaining a...