Friday, September 28, 2012

USD/JPY intraday: under pressure.


Pivot: 77.80.
Our preference: SHORT positions below 77.8 with 77.35 & 77.1 as next targets.
Alternative scenario: The upside penetration of 77.8 will call for 77.95 & 78.15.
Comment: the pair has broken below its support and remains on the downside.

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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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