Wednesday, August 28, 2013

SILVER‏ (Spot) intraday: further upside.

Pivot: 24.40

Our preference: LONG positions above 24.4 with 24.85 & 25.2 in sight.

Alternative scenario: The downside penetration of 24.4 will call for a slide towards 24.15 & 23.9.

Comment: silver prices are supported by a rising trend line.

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 ...