Monday, September 2, 2013

Silver MT: watch 26.

Pivot: 22.

Our Preference: As long as 22.25 is support, look for rise towards 25.1 & 26.

Alternative scenario: A downside breakout of 22.25 would open the way towards 20.6.

Comment: the bullish cross between the 20-day and 50-day moving average is a positive signal and both moving averages are now ascending.

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 ...