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 ...
-
Pivot: 78.65. Our Preference: LONG positions above 78.65 with 79.05 & 79.15 in sight. Alternative scenario: The downside penetratio...
-
Pivot: 78.5 Our preference: short positions below 78.5 with targets & 78 & 77.6 in extension. Alternative scenario: Above 78.5 ...
-
Pivot: 0.96. Our Preference: SHORT positions below 0.957 with 0.952 & 0.95 in sight. Alternative scenario: The upside penetration o...