Monday, September 17, 2012

EUR/USD intraday: further advance.


Pivot: 1.3075
Our preference: LONG positions @ 1.3085 with 1.317 & 1.3205 as next targets.
Alternative scenario: The downside penetration of 1.3075 will call for a slide towards 1.305 & 1.2975.
Comment: the pair stands above its support and remains on the upside.

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 ...