Wednesday, September 4, 2013

SILVER‏ (Spot) intraday: the downside prevails.

Pivot: 24.20

Our preference: SHORT positions below 24.2 with targets @ 23.35 & 23.05.

Alternative scenario: The upside breakout of 24.2 will open the way to 24.4 & 24.7.

Comment: the break below the rising trend line is a negative signal. In addition, the RSI is bearish and calls for further decline.
By at

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 ...

  • USD/CAD intraday: rebound.
    Pivot: 0.9735 Our preference: Long positions above 0.9735 with targets @ 0.9785 & 0.9805 in extension. Alternative scenario: Below ...
  • GOLD‏ (Spot) intraday: the bias remains bullish.
    GOLD‏ (Spot) intraday: the bias remains bullish. Pivot: 1371.00 Our preference: LONG positions above 1371 with targets @ 1399 & 1416. ...
  • USD/TRY Intraday: rebound.
    Pivot: 1.801 Our preference: Long positions above 1.801 with targets @ 1.81 & 1.814 in extension. Alternative scenario: Below 1.801...