Gold broke above 1500 (new high: 1500.5) briefly before settling at 1495.1. Debt concerns continued to drive demand for the metal although Geithner assured there's no risk to US's AAA rating.
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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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Pivot: 78.65. Our Preference: LONG positions above 78.65 with 79.05 & 79.15 in sight. Alternative scenario: The downside penetratio...
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Pivot: 78.5 Our preference: short positions below 78.5 with targets & 78 & 77.6 in extension. Alternative scenario: Above 78.5 ...
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Pivot: 0.96. Our Preference: SHORT positions below 0.957 with 0.952 & 0.95 in sight. Alternative scenario: The upside penetration o...