Thursday, October 11, 2012

USD/TRY Intraday: the upside prevails.


Pivot: 1.8115
Our preference: Long positions above 1.8115 with targets @ 1.822 & 1.8275 in extension.
Alternative scenario: Below 1.8115 look for further downside with 1.8075 & 1.8025 as targets.
Comment: the RSI is mixed to bullish.

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 ...