Wednesday, September 11, 2013

SILVER‏ (Spot) intraday: key ST resistance at 23.2

Pivot: 23.20

Our preference: SHORT positions below 23.2 with 22.75 & 22.45 as next targets.

Alternative scenario: The upside breakout of 23.2 will open the way to 23.4 & 23.6.

Comment: as long as the resistance at 23.2 is not surpassed, the risk of the break below 22.75 remains high.

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 ...