Friday, August 23, 2013

SILVER‏ (Spot) intraday: the bias remains bullish.

Pivot: 22.70

Our preference: LONG positions above 22.7 with targets @ 23.35 & 23.6.

Alternative scenario: The downside penetration of 22.7 will call for 22.45 & 22.25.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

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 ...