Thursday, October 4, 2012

EUR/CHF intraday: further advance.


Pivot: 1.211
Our preference: Long positions above 1.211 with targets @ 1.215 & 1.216 in extension.
Alternative scenario: Below 1.211 look for further downside with 1.209 & 1.2075 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 ...