Tuesday, September 10, 2013

SILVER‏ (Spot) intraday: the downside prevails.

Pivot: 23.80

Our preference: SHORT positions below 23.8 with 23 & 22.73 in sight.

Alternative scenario: The upside penetration of 23.8 will call for 24.1 & 24.45.

Comment: silver prices are capped by a delining trend line. As long as 23.8 is resistance, likely decline to 23.

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 ...