Tuesday, September 17, 2013

SILVER‏ (Spot) intraday: up turn.

Pivot: 21.30

Our preference: LONG positions above 21.3 with 22.35 & 22.75 in sight.

Alternative scenario: The downside penetration of 21.3 will call for a slide towards 20.85 & 20.6.

Comment: a support base at 21.3 has formed and has allowed for a temporary stabilisation.

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 ...