Pivot: 1.35
Our preference: Short positions below 1.035 with targets @ 1.03 & 1.027 in extension.
Alternative scenario: Above 1.035 look for further upside with 1.0405 & 1.043 as targets.
Comment: the break below the support at 1.035 triggered a downward acceleration to 1.
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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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Pivot: 78.35. Our preference: LONG positions above 78.35 with 78.65 & 78.75 in sight. Alternative scenario: The downside penetrati...
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Pound is falling sharply for the past two weeks from 1.6180 Jan 11 swing high. Notice that decline from that high can be easily counted in ...
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At the start of January we discussed about two possibles with members regarding the pattern on Dollar Index in wave (B) position; we menti...