Tuesday, October 9, 2012

NZD/USD intraday: bullish bias above 0.82.


Pivot: 0.82
Our preference: Long positions above 0.82 with targets @ 0.8265 & 0.8285 in extension.
Alternative scenario: Below 0.82 look for further downside with 0.818 & 0.815 as targets.
Comment: the RSI is well directed.

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 ...