Thursday, September 20, 2012

USD/SEK intraday: rebound towards 6.568


Our pivot point is at 6.526.
Our preference: rebound towards 6.568.
Alternative scenario: below 6.526,expect 6.514 and 6.507.
Comment: the RSI is below 50.The MACD is negative and above its signal line. The configuration is mixed.
Moreover, the pair stands above its 20 MA (6.538) but below its 50 MA (6.5568).

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 ...