Our preference: SHORT positions below 110.7 with targets @ 108.3 & 107.4.
Alternative scenario: The upside penetration of 110.7 will call for 112.2 & 114.
Comment: the RSI is bearish and calls for further downside.
Thursday, August 29, 2013
USDCHF Technical Analysis - Sell at 0.9955
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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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Elliott Wave Outlook For EURUSD and GBPUSD EURUSD EURUSD finally broke to the upside which was expected after few days of a sideways...
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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 ...
