Tuesday, September 10, 2013

GOLD‏ (Spot) intraday: up turn.

Pivot: 1371.00

Our preference: LONG positions above 1371 with targets @ 1391 & 1399.

Alternative scenario: The downside breakout of 1371 will open the way to 1358 & 1347.

Comment: the RSI lacks downward momentum.

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 ...