Our preference: SHORT positions below 1398 with targets @ 1374 & 1368.
Alternative scenario: The upside breakout of 1398 will open the way to 1405 & 1411.
Comment: as long as 1398 is resistance, likely decline to 1374.
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 ...
-
Pivot: 78.35. Our preference: LONG positions above 78.35 with 78.65 & 78.75 in sight. Alternative scenario: The downside penetrati...
-
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 ... -
At the start of January we discussed about two possibles with members regarding the pattern on Dollar Index in wave (B) position; we menti...
