Monday, November 5, 2012

SILVER‏ (Spot) intraday: bounce.


Pivot: 30.70
Our preference: LONG positions @ 30.8 with targets @ 31.25 & 31.7.
Alternative scenario: The downside penetration of 30.7 will call for a slide towards 30.5 & 30.2.
Comment: a rising trend line is currently standing at 30.75 and should offer support.


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 ...