Pivot: 24.20
Our preference: SHORT positions below 24.2 with targets @ 23.35 & 23.05.
Alternative scenario: The upside breakout of 24.2 will open the way to 24.4 & 24.7.
Comment: the break below the rising trend line is a negative signal. In addition, the RSI is bearish and calls for further decline.
Stokcs, Metals, Energy, Forex, Crypto
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 ...
-
Pivot: 82.95 Our preference: LONG positions above 82.95 with targets @ 84.5 & 84.9. Alternative scenario: The downside penetration of 82...
-
Pivot: 114.50 Our preference: SHORT positions below 114.5 with 112.2 & 111.65 as next targets. Alternative scenario: The upside breakout...
-
Pivot: 1708.00 Our preference: SHORT positions below 1708 with 1684 & 1672 in sight. Alternative scenario: The upside breakout of 1...