Friday, September 13, 2013

SILVER‏ (Spot) intraday: the downside prevails.

Pivot: 22.45

Our preference: SHORT positions below 22.45 with 21.65 & 21.3 as next targets.

Alternative scenario: The upside penetration of 22.45 will call for a rebound towards 22.75 & 23.2.

Comment: the RSI has just struck against its neutrality area at 50% and is reversing down.

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 ...