Wednesday, September 4, 2013

Gold MT: continuation of the rebound.

Pivot: 1348.

Our Preference: As long as 1348 is support, look for rise towards 1488 & 1522.

Alternative scenario: A downside breakout of 1348 would open the way towards 1273.

Comment: the 20-day moving average is ascending and a possible area of support. The RSI is bullish and calls for further upside.

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 ...