Friday, November 23, 2012

SILVER‏ (Spot) intraday: the bias remains bullish.


Pivot: 32.85
Our preference: LONG positions above 32.85 & 34.3 in sight.
Alternative scenario: The downside penetration of 32.85 will call for 32.5 & 32.1.
Comment: a bullish flag pattern is confirmed, calling for further upside towards 33.85.


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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 ...