Wednesday, September 26, 2012

EUR/USD intraday: under pressure.


Pivot: 1.2950.
Our preference: SHORT positions @ 1.294 with targets @ 1.2855 & 1.283.
Alternative scenario: The upside penetration of 1.295 will call for 1.297 & 1.3.
Comment: the pair is breaking 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 ...