Thursday, September 27, 2012

NZD/USD intraday: bullish bias above 0.8215.


Pivot: 0.8215
Our preference: Long positions above 0.8215 with targets @ 0.828 & 0.8315 in extension.
Alternative scenario: Below 0.8215 look for further downside with 0.8175 & 0.8155 as targets.
Comment: technically, the RSI is above its neutrality area at 50.

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 ...