Tuesday, September 25, 2012

USD/JPY intraday: key ST resistance at 78.15.


Pivot: 78.15
Our preference: Short positions below 78.15 with targets @ 77.65 & 77.35 in extension.
Alternative scenario: Above 78.15 look for further upside with 78.35 & 78.5 as targets.
Comment: a break below 77.65 would trigger a drop towards 77.35.

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 ...