USD/JPY intraday: further advance.

February 5, 2013 7:04 am0 comments
USD/JPY intraday: further advance.

Pivot: 91.95. Our preference: LONG positions above 91.95 with 92.75 & 93.15 in sight. Alternative scenario: The downside penetration of 91.95 will call for a slide towards 91.35 & 90.7. Comment: the pair is rebounding on its support and should post further advance as the RSI is turning up from […]

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EUR/USD intraday: the downside prevails.

6:56 am0 comments
EUR/USD intraday: the downside prevails.

Pivot: 1.3540. Our preference: SHORT positions below 1.354 with targets @ 1.3475 & 1.34. Alternative scenario: The upside breakout of 1.354 will open the way to 1.358 & 1.3605. Comment: the pair stands below its new resistance and remains under pressure, a rebound should not be ruled out as the […]

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