Wednesday, September 12, 2012

NZD/USD intraday: further advance.


Pivot:0813
Our preference: Long positions above 0.813 with targets @ 0.8225 & 0.826 in extension.
Alternative scenario: Below 0.813 look for further downside with 0.8075 & 0.804 as targets.
Comment: the pair has validated a bullish flag 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 ...