Thursday, September 13, 2012

NZD/USD intraday: bullish bias above 0.8165.


Pivot: 0.8165
Our preference: Long positions above 0.8165 with targets @0.8235 & 0.826 in extension.
Alternative scenario: Below 0.8165 look for further downside with 0.813 & 0.8075 as targets.
Comment: the pair remains supported by a rising trend line 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 ...