Friday, September 14, 2012

EUR/USD intraday: further advance.


Pivot: 1.2975

Our preference: Long positions above 1.2975 with targets @ 1.305 & 1.309 in extension.

Alternative scenario: Below 1.2975 look for further downside with 1.293 & 1.2855 as targets.

Comment: the pair remains on the upside as the RSI is well directed.
Pivot: 1.2975
Our preference: Long positions above 1.2975 with targets @ 1.305 & 1.309 in extension.
Alternative scenario: Below 1.2975 look for further downside with 1.293 & 1.2855 as targets.
Comment: the pair remains on the upside as the RSI is well directed.

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 ...