Pivot: 22.25
Our preference: LONG positions above 22.25 with 23.6 & 24.2 as next targets.
Alternative scenario: The downside penetration of 22.25 will call for a slide towards 21.7 & 21.25.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
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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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HONG KONG (MarketWatch) — China's consumer inflation accelerated in March to its fastest rate in almost three years, slightly ahead of e...
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1.1 - Why is Buying Low & Selling High So Elusive? The objective is simple and seems so easy to achieve - - buy low and sell high, or se...
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HONG KONG (MarketWatch) — Chinese economic data released Wednesday showed consumer inflation moderated slightly in April, though remaining a...