Wednesday, August 21, 2013

Silver MT: continuation of the rebound.

Pivot: 20.

Our Preference: As long as 20.2 is support, look for rise towards 24.8 & 26.

Alternative scenario: A downside breakout of 20.2 would open the way towards 18.2.

Comment: the 20-day and 50-day moving averages are turning up and are possible areas of support.

By at

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 ...

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