Tuesday, September 25, 2012

USD/COP: under pressure.

Pivot: 1830
Our preference: Short positions below 1830 with targets @ 1767 & 1745 in extension.
Alternative scenario: Above 1830 look for further upside with 1847 & 1860 as targets.
Comment: the RSI is mixed to bearish.


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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 ...