Thursday, September 27, 2012

USD/NOK intraday: as long as 5.734 is support look for 5.768


Our pivot point stands at 5.734.
Our preference: as long as 5.734 is support look for 5.768.
Alternative scenario: below 5.734, expect 5.723 and 5.718.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The pair could retrace.
Moreover, the pair is above its 20 and 50 MAs (respectively at 5.742 and 5.74).

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 ...