Tuesday, September 3, 2013

SILVER‏ (Spot) intraday: the bias remains bullish.

Pivot: 23.85

Our preference: LONG positions above 23.85 with 24.25 & 24.4 as next targets.

Alternative scenario: The downside penetration of 23.85 will call for a slide towards 23.55 & 23.1.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

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 ...