Tuesday, October 16, 2012

SILVER‏ (Spot) intraday: the downside prevails.


Pivot: 33.02
Our preference: SHORT positions below 33.02 with targets @ 32.51 & 32.3.
Alternative scenario: The upside penetration of 33.02 will call for 33.35 & 33.5.
Comment: as long as 33.02 is resistance, expect a return to 32.51.


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 ...