Thursday, September 13, 2012

EUR/USD intraday: further advance.


Pivot: 1.2870
Our preference: LONG positions @ 1.288 with targets @ 1.295 & 1.2995.
Alternative scenario: The downside penetration of 1.287 will call for 1.2815 & 1.2785.
Comment: the pair remains on the upside and is approaching 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 ...