Wednesday, December 5, 2012

SILVER‏ (Spot) intraday: turning down.


Pivot: 33.15
Our preference: SHORT positions below 33.15 with targets @ 32.5 & 32.2.
Alternative scenario: The upside penetration of 33.15 will call for 33.5 & 33.95.
Comment: as long as 33.15 is resistance, look for choppy price action with a bearish bias.


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 ...