Pivot: 78.40.
Our preference: LONG positions above 78.4 with targets @ 78.85 & 79.
Alternative scenario: The downside penetration of 78.4 will call for 78.3 & 78.05.
Comment: the RSI lacks downward momentum.
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 ...
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GBPUSD is in sharp uptrend for the past two days, which was expected from a technical point of view after five waves down in red wave 5... -
Pivot: 21.45 Our preference: SHORT positions below 21.45 with targets @ 20.6 & 20.35. Alternative scenario: The upside penetration of 21...
