Tuesday, September 18, 2012

EUR/USD intraday: the upside prevails.


Pivot: 1.3075.
Our preference: LONG positions above 1.3075 with targets @ 1.3117 & 1.3205.
Alternative scenario: The downside breakout of 1.3075 will open the way to 1.3015 & 1.2975.
Comment: the pair is facing a pull back on its support ahead of 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 ...