Thursday, October 11, 2012

AUD/USD intraday: watch 1.0325.


Pivot: 1.022
Our preference: Long positions above 1.022 with targets @ 1.0325 & 1.035 in extension.
Alternative scenario: Below 1.022 look for further downside with 1.0205 & 1.018 as targets.
Comment: the RSI calls for a new upleg.

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 ...