Thursday, September 20, 2012

NZD/USD intraday: intraday support around 0.8235.


Pivot: 0.8235
Our preference: Long positions above 0.8235 with targets @ 0.83 & 0.832 in extension.
Alternative scenario: Below 0.8235 look for further downside with 0.8185 & 0.8135 as targets.
Comment; the RSI is mixed and calls for caution.

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 ...