Friday, November 23, 2012

SILVER‏ (Spot) intraday: bullish bias above 32.85


Pivot: 32.85
Our preference: LONG positions above 32.85 with targets @ 33.85 & 34.3.
Alternative scenario: The downside breakout of 32.85 will open the way to 32.5 & 32.1.
Comment: a bullish flag pattern is confirmed, calling for further upside towards 33.85.


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 ...