Pivot: 13.25.
Our preference: Short positions below 13.25 with targets @ 13.04 & 12.95 in extension.
Alternative scenario: Above 13.25 look for further upside with 13.35 & 13.44 as targets.
Comment: the RSI is mixed to bearish.
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 ...
-
Pivot: 1.2105 Our preference: Long positions above 1.2105 with targets @ 1.2135 & 1.215 in extension. Alternative scenario: Below 1...
-
Pivot: 30.60 Our preference: LONG positions above 30.6 with 31.25 & 31.7 in sight. Alternative scenario: The downside penetration o...
-
GBPUSD is in sharp uptrend for the past two days, which was expected from a technical point of view after five waves down in red wave 5...
