Monday, September 2, 2013

SILVER‏ (Spot) intraday: rebound expected.

Pivot: 23.65

Our preference: LONG positions above 23.65 with 24.4 & 24.7 as next targets.

Alternative scenario: The downside penetration of 23.65 will call for a slide towards 23.1 & 22.9.

Comment: silver prices broke above the declining trend line. Look for a bounce towards 24.7.

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 ...