Tuesday, September 24, 2013

SILVER‏ (Spot) intraday: the downside prevails.

Pivot: 21.95

Our preference: SHORT positions below 21.95 with 21.2 & 20.6 as next targets.

Alternative scenario: The upside breakout of 21.95 will open the way to 22.45 & 23.

Comment: as long as 21.95 is resistance, look for choppy price action with a bearish bias.
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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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