Monday, June 20, 2011

Daily Outlook for June 20, 2011

Crude Oil

Our opinion is buying oil with four-hour candle closing above 92.80 targeting 94.50. Stop loss with four-hour closing below 92.50


 

Gold

Our opinion is buying gold around 1532.00 and take profit in stages at 1549.00, 1556.00 and 1564.00 and stop loss with daily closing below 1520.00 might be appropriate this week


 

Silver 

Our opinion is selling silver around 35.85 and take profit in stages at 35.00, 34.35, 33.90 and stop loss with daily closing above 37.40 might be appropriate this week

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 ...