Wednesday, September 12, 2012

EUR/USD intraday: further advance.


Pivot: 1.2825.
Our Preference: LONG positions above 1.2815 with 1.2885 & 1.2905 as next targets.
Alternative scenario: The downside penetration of 1.2815 will call for 1.2785 & 1.275.
Comment: the pair stands above its new support 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 ...