Today’s Forex Guide

USD/CHF 4-hour: Slightly moving up


Feb.18.2015

02/18/2015 15:30 EST Update


USD/CHF 4-hour Forex Dance Floor
USD/CHF 4-hour: Slightly moving up.

Invest Diva positioning: No positions.

Technical reasons why: The pair has slight up-moves above our pivot level at 0.9336 above the Ichimoku's cloud. The RSI is at the over-bought zone.

Where I'm setting my stops and limits:

Support Levels Turning Point Resistance Levels
0.8977 0.9336 0.9730
0.8350 0.9556


USD/JPY 4-hour Forex Dance Floor
USD/JPY 4-hour: Moving inside the Ichimoku's cloud.

Invest Diva positioning: No positions.

Technical reasons why: The pair is back to its support level at 118.45 with a strong bearish sentiment inside the Ichimoku's cloud. The RSI is below the neutrality area.

Where I'm setting my stops and limits:

Support Levels Turning Point Resistance Levels
117.29 118.45 121.83
116.05 120.63

 

USD CHF consolidating crab move up

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