Tuesday, September 11, 2012

EUR/GBP intraday: the upside prevails.


Pivot: 0.7955
Our preference: Long positions above 0.7955 with targets @ 0.8005 & 0.802 in extension.
Alternative scenario: Below 0.7955 look for further downside with 0.794 & 0.7915 as targets.
Comment: the pair is rebounding and should reach its previous high.

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 ...