Tuesday, September 18, 2012

GBP/USD intraday: further advance.


Pivot: 1.6200.
Our preference: LONG positions @ 1.621 with targets @ 1.627 & 1.63.
Alternative scenario: The downside penetration of 1.62 will call for a slide towards 1.617 & 1.61.
Comment: the pair is pulling back but stands above its support.

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 ...