Tuesday, September 18, 2012

USD/JPY intraday: bullish bias above 78.15


Pivot: 78.15.
Our preference: LONG positions above 78.15 with 78.9 & 79.1 as next targets.
Alternative scenario: The downside penetration of 78.15 will call for a slide towards 77.9 & 77.65.
Comment: the pair stands above its support and remains on the upside.
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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 ...