Friday, September 14, 2012

EUR/GBP intraday: further advance.


Pivot: 0.801

Our preference: Long positions above 0.801 with targets @ 0.8055 & 0.807 in extension.

Alternative scenario: Below 0.801 look for further downside with 0.799 & 0.7965 as targets.

Comment: the pair remains on the upside and is challenging its resistance.
Pivot: 0.801
Our preference: long positions above 0.801 with targets @ 0.8055 & 0.807 in extension.

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 ...