Wednesday, December 5, 2012

GOLD‏ (Spot) intraday: rebound expected.


Pivot: 1689.00
Our preference: LONG positions above 1689 with 1708 & 1722 in sight.
Alternative scenario: The downside breakout of 1689 will open the way to 1684 & 1672.
Comment: the RSI is well directed.


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 ...