Wednesday, September 5, 2012

USD/CAD intraday: intraday support around 0.987.



Pivot 0.987 
Our preference: Long positions above 0.987 with targets @ 0.99 & 0.9915 in extension
Alternative scenario: Below 0.987 look for further downside with 0.984 & 0.982 as targets.
Comment: the break above 0.987 is a positve signal that has opend a path to 0.99

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 ...