Wednesday, October 2, 2013

SILVER‏ (Spot) intraday: the downside prevails.

Pivot: 21.45

Our preference: SHORT positions below 21.45 with targets @ 20.6 & 20.35.

Alternative scenario: The upside penetration of 21.45 will call for a rebound towards 21.95 & 22.25.

Comment: as long as the resistance at 21.45 is not surpassed, the risk of the break below 20.6 remains high.
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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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