Friday, September 28, 2012

EUR/USD intraday: the upside prevails.


Pivot: 1.288
Our preference: Long positions above 1.288 with targets @ 1.295 & 1.298 in extension.
Alternative scenario: Below 1.288 look for further downside with 1.283 & 1.2805 as targets.
Comment: the pair has broken above its bullish flag upper boundary and remains on the upside.

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 ...