Pivot: 1.007
Most Probable Scenario: Short Positions below 1.007 with targets @ 1.002 & 0.9985 in extension
Alternative Scenario: Above 1.007 look for further upside with 1.044 & 1.0165 as targets.
Comment: technically, the RSI is below its neutrality area at 50.
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 ...
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Pivot: 0.936 Our preference: Long positions above 0.936 with targets @ 0.944 & 0.947 in extension. Alternative scenario: Below 0.93...
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Pivot: 0.8215 Our preference: Short positions below 0.8215 with targets @ 0.813 & 0.81 in extension. Alternative scenario: Above 0....
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Pivot: 1.022 Our preference: Long positions above 1.022 with targets @ 1.0325 & 1.035 in extension. Alternative scenario: Below 1.0...