Monday, September 17, 2012

EUR/USD intraday: the upside prevails.


Pivot: 1.3075
Our preference: Long positions above 1.3075 with targets @ 1.317 & 1.3205 in extension.
Alternative scenario: Below 1.3075 look for further downside with 1.305 & 1.2975 as targets.
Comment: the pair stands above its new support and should post further advance.

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 ...