Monday, September 24, 2012

NZD/USD intraday: under pressure.


Pivot: 0.828
Our preference: Short positions below 0.828 with targets @ 0.82 & 0.8175 in extension.
Alternative scenario: Above 0.828 look for further upside with 0.8315 & 0.834 as targets.
Comment: the pair stands below its resistance and remains under pressure.

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 ...