Wednesday, August 21, 2013

SILVER‏ (Spot) intraday: the bias remains bullish.

Pivot: 22.25

Our preference: LONG positions above 22.25 with targets @ 23.6 & 24.2.

Alternative scenario: The downside penetration of 22.25 will call for a slide towards 21.7 & 21.25.

Comment: the RSI is mixed with a bullish 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 ...