Wednesday, September 5, 2012

USD/MXN intraday: under pressure.



Pivot 13.35
our preference: Short positions below 13.35 with targets @ 13.15 & 13.04 in extension.
Alternative scenario: Above 13.35 look for further upside with 13.44 & 13.52 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 ...