Wednesday, October 17, 2012

GOLD‏ (Spot) intraday: the bias remains bullish.


Pivot: 1738.00
Our preference: LONG positions above 1738 with 1757 7 1766 in sight.
Alternative scenario: the downside penetration of 1738 will call for 1729 7 1724.
Comment: the RSI is mixed and calls for caution.


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 ...