Thursday, August 29, 2013

SILVER‏ (Spot) intraday: the downside prevails.

Pivot: 24.70

Our preference: SHORT positions below 24.7 with 23.9 & 23.6 as next targets.

Alternative scenario: The upside breakout of 24.7 will open the way to 25.1 & 25.45.

Comment: silver prices broke below the rising trend line. The 50 moving average is turning down.
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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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