02/18/2015 15:30 EST Update
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: 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 |
#1 Best Selling Author. Helping you accelerate your retirement with Triple Compounding™ Former engineer on a mission to help 1 million households take control of their finances. Founder & CEO of Invest Diva.
