Monday, September 10, 2012

NZD/USD intraday: intraday support around 0.808.


pivot: 0.808
Our preference: Long positions above 0.8808 with garters @ 0.814 & 0.8185 in extension.
Alternative scenario: Below 0.808 look for further downside with 0.804 & 0.8 as targets.
Comment: the immediate trend remains up and the momentum is strong.

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 ...