Tuesday, September 25, 2012

NZD/USD intraday: caution.

Pivot: 0.825
Our preference: Short positions below 0.825 with targets @ 0.82 & 0.8175 in extension.
Alternative scenario: Above 0.825 look for further upside with 0.828 & 0.8315 as targets.
Comment: the RSI is mixed and calls for caution.

By at

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 ...

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