Tuesday, October 9, 2012

AUD/USD intraday: further advance.


Pivot: 1.018
Our preference: Long positions above 1.018 with targets @ 1.0275 & 1.032 in extension.
Alternative scenario: Below 1.018 look for further downside with 1.015 & 1.012 as targets.
Comment: the RSI is bullish and calls for further advance.

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 ...