Thursday, September 20, 2012

USD/CAD intraday: further advance.


Pivot: 0.975
Our preference: Long positions above 0.975 with targets @ 0.98 & 0.9825 in extension.
Alternative scenario: Below 0.975 look for further downside with 0.972 & 0.969 as targets.
Comment: the pair has broken its resistance and should post further gains.

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 ...