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 20-day moving average is ascending and is a possible area of support.
Wednesday, September 4, 2013
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 ...
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Pivot: 0.9735 Our preference: Long positions above 0.9735 with targets @ 0.9785 & 0.9805 in extension. Alternative scenario: Below ...
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GOLD (Spot) intraday: the bias remains bullish. Pivot: 1371.00 Our preference: LONG positions above 1371 with targets @ 1399 & 1416. ...
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Pivot: 1.801 Our preference: Long positions above 1.801 with targets @ 1.81 & 1.814 in extension. Alternative scenario: Below 1.801...
