Thursday, November 8, 2012

SILVER‏ (Spot) intraday: the downside prevails.


Pivot: 32.40
Our preference: SHORT positions below 32.4 with 31.42 & 31.18 as next targets.
Alternative scenario: The upside penetration of 32.4 will call for a rebound towards 32.65 & 33.
Comment: the RSI is posting a bearish divergence (not confirmed yet).


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 ...