Wednesday, September 19, 2012

EUR/USD intraday: under pressure.


Pivot: 1.31
Our preference: Short positions below 1.31 with targets @ 1.3015 & 1.2975 in extension.
Alternative scenario: Above 1.31 look for further upside with 1.314 & 1.317 as targets.
Comment: the pair has struck against its resistance and remains under pressure.

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 ...