Wednesday, September 19, 2012

USD/CHF intraday: under pressure.


Pivot: 0.93.
Our preference: SHORT positions below 0.93 with 0.9245 & 0.9225 as next targets.
Alternative scenario: The upside penetration of 0.93 will call for a rebound towards 0.9335 & 0.937.
Comment: the pair has struck against its resistance and remains under pressure.

By at

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 ...

  • UPDATE II GBPUSD: Pull-back In Progress
    Pound is already recovering about we warned you yesterday when we highlighted a five wave fall in wave 3). Notice that current prices are al...
  • USD/COP: under pressure.
    Pivot: 1830 Our preference: Short positions below 1830 with targets @ 1767 & 1745 in extension. Alternative scenario: Above 1830 lo...
  • Buy Natural Gas April
    Buy Natural Gas April around $ 4.0-3.92 Stop Loss Below $ 3.822 Target $ 4.20-$4.44