Wednesday, November 7, 2012

SILVER‏ (Spot) intraday: the bias remains bullish.


Pivot: 31.70
Our preference: LONG positions above 31.7 with 32.4 & 32.65 as next targets.
Alternative scenario: The downside penetration of 31.7 will call for a slide towards 31.4 & 31.3.
Comment: the RSI calls for a new upleg.


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 ...