Thursday, October 4, 2012

EUR/JPY intraday: further advance.


Pivot: 101.1
Our preference: Long positions above 101.1 with targets @ 102.1 & 102.35 in extension.
Alternative scenario: Below 101.1 look for further downside with 100.85 & 100.65 as targets.
Comment: the RSI calls 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 ...