Tuesday, October 9, 2012

USD/TRY Intraday: further advance.


Pivot: 1.8025
Our preference: Long positions above 1.8025 with targets @ 1.817 & 1.82 in extension.
Alternative scenario: Below 1.8025 look for further downside with 1.795 & 1.79 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 ...