Pivot: 22.
Our Preference: As long as 22.25 is support, look for rise towards 25.1 & 26.
Alternative scenario: A downside breakout of 22.25 would open the way towards 20.6.
Comment: the bullish cross between the 20-day and 50-day moving average is a positive signal and both moving averages are now ascending.
Stokcs, Metals, Energy, Forex, Crypto
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...