Tuesday, September 11, 2012

EUR/JPY intraday: rebound.


Pivot:99.7
our preference: Long positions above 99.7 with targets @ 100.45 & 100.8 in extension.
Alternative scenario: Below 99.7 look for further downside with 99.5 & 99 as targets.
Comment; the pair has broken above its bullish flag upper boundary and should post further advance.

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 ...