Thursday, September 13, 2012

EUR/JPY intraday: further advance.


Pivot: 100.15
Our preference: Long positions above 100.15 with targets @ 100.65 & 100.8 in extension.
Alternative scenario: Below 100.15 look for further downside with 99.75 & 99.5 as targets.
Comment: the pair remains on the upside and looks set to challenge 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 ...