Friday, September 28, 2012

EUR/USD intraday: the upside prevails.


Pivot: 1.2880
Our preference: LONG positions above 1.288 with 1.298 as next targets.
Alternative scenario: The downside breakout of 1.288 will open the way to 1.283 & 1.2805.
Comment: the pair has broken above a bullish flag upper boundary 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 ...