USDJPY gaped higher on Sunday and accelerated up to 99.60 area where pair
found resistance around 261.8% extension of wave (iv). As such, we think that
pair will make a deeper retracement very soon, back to 97.20. Move should be in
minimum in three waves.
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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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Pivot: 1.022 Our preference: Long positions above 1.022 with targets @ 1.0325 & 1.035 in extension. Alternative scenario: Below 1.0...
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Pivot: 0.977 Our preference: Long positions above 0.977 with targets @ 0.981 & 0.984 in extension. Alternative scenario: Below 0.97...
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Pivot: 0.8215 Our preference: Short positions below 0.8215 with targets @ 0.813 & 0.81 in extension. Alternative scenario: Above 0.82...
