Daily analysis of Silver for April 16, 2014

Show full picture Overview In the today’s H4 chart, yesterday the metal failed to break the Support level of 19.20 to bounce again from it and trade between the Support level of 19.50 and the Resistance level of 19.75. Currently, the metal is re-testing the Resistance level of 19.75 again, therefore we should wait for closing above to continue its upward trend move. Given that the metal has managed to close 4H above today, this gives us a good opportunity for more bullish signals above it with the first target few pips below the Resistance level of 20.20, then the second target of 20.50 after breaking this Support level. But as long as silver is trading below 19.75, so waiting would be prefered in that case and cancels the bullish move scenario. Resistance…

via Forex analysis review:

Overview

In the today’s H4 chart, yesterday the metal failed to break the Support level of 19.20 to bounce again from it and trade between the Support level of 19.50 and the Resistance level of 19.75. Currently, the metal is re-testing the Resistance level of 19.75 again, therefore we should wait for closing above to continue its upward trend move. Given that the metal has managed to close 4H above today, this gives us a good opportunity for more bullish signals above it with the first target few pips below the Resistance level of 20.20, then the second target of 20.50 after breaking this Support level. But as long as silver is trading below 19.75, so waiting would be prefered in that case and cancels the bullish move scenario.

Resistance and support levels: R3(20.50), R2 (20.20), R1 (19.75), S1 (19.50), S2 (19.20), S3 (18.75)

The material has been provided by InstaForex Company – www.instaforex.com

For more info: Daily analysis of Silver for April 16, 2014

Forex analysis review

Daily analysis of Silver for April 16, 2014

The post Daily analysis of Silver for April 16, 2014 appeared first on FX FOREX.

via WordPress http://ift.tt/1qJOUvA



Personal Finance, analytical, group, hossam-soliman, king, listmore, long-as-silver, overview, performed, support, then-the-second

Technical analysis of USD/CHF for March 28, 2014

Show full picture Overview: USD/CHF is expected to trade in a higher range. It is supported by the dovish Swiss National Bank’s monetary policy stance, positive dollar sentiment, and franc sales on the buoyant GBP/CHF, AUD/CHF, NZD/CHF, and CAD/CHF crosses. But the USD/CHF gains are tempered by the franc demand on the soft EUR/CHF cross and positions adjustment before weekend. Daily chart is positive-biased as MACD and stochastics is bullish, five-day moving average is above 15-day MA and is advancing. Trading recommendation: The pair is trading above its pivot point. It is likely to trade in a higher range as far as it remains above its pivot point. As far as the price is above its pivot point…

via Forex analysis review:

Overview:

USD/CHF is expected to trade in a higher range. It is supported by the dovish Swiss National Bank’s monetary policy stance, positive dollar sentiment, and franc sales on the buoyant GBP/CHF, AUD/CHF, NZD/CHF, and CAD/CHF crosses. But the USD/CHF gains are tempered by the franc demand on the soft EUR/CHF cross and positions adjustment before weekend. Daily chart is positive-biased as MACD and stochastics is bullish, five-day moving average is above 15-day MA and is advancing.

Trading recommendation:


The pair is trading above its pivot point. It is likely to trade in a higher range as far as it remains above its pivot point. As far as the price is above its pivot point, a long position is recommended with the first target at 0.8910 and the second target at 0.8930. In an alternative scenario, if the price moves below its pivot points, short positions are recommended with the first target at 0.8810. A breach of this target will push the pair further downwards and one may expect the second target at 0.8785. The pivot point is at 0.8835.

Resistance levels:



0.8910



0.8930



0.8960

Support levels:



0.8810



0.8785



0.8765

The material has been provided by InstaForex Company – www.instaforex.com

For more info: Technical analysis of USD/CHF for March 28, 2014

Forex analysis review

Technical analysis of USD/CHF for March 28, 2014

The post Technical analysis of USD/CHF for March 28, 2014 appeared first on FX FOREX.

via WordPress http://ift.tt/1ofiRWm



Personal Finance, cad, daily, eur, group, national, overview, swiss, trading

Technical analysis of USD/CHF for Feburary 14, 2014

Show full picture Overview: USD/CHF is expected to trade in lower range. It is undermined by the negative dollar sentiment and franc demand on the buoyant CHF/JPY cross and on the soft EUR/CHF cross. But the USD/CHF losses are tempered by the positions adjustment before weekend. Daily chart is negative-biased as the MACD is in bearish mode, stochastics are turning bearish. Trading recommendation: The pair is trading below its pivot point. It is likely to trade in a lower range as far as it remains below its pivot point. Short position is recommended with the first target at 0.8995. A breach of this target will move the pair further downwards to 0.902. The pivot point stands at 0.8955. In case the price moves in the…

via Forex analysis review:

Overview:

USD/CHF is expected to trade in lower range. It is undermined by the negative dollar sentiment and franc demand on the buoyant CHF/JPY cross and on the soft EUR/CHF cross. But the USD/CHF losses are tempered by the positions adjustment before weekend. Daily chart is negative-biased as the MACD is in bearish mode, stochastics are turning bearish.

Trading recommendation:

The pair is trading below its pivot point. It is likely to trade in a lower range as far as it remains below its pivot point. Short position is recommended with the first target at 0.8995. A breach of this target will move the pair further downwards to 0.902. The pivot point stands at 0.8955. In case the price moves in the opposite direction, bounces back from support level, and then moves above its pivot point, it is likely to move further to the upside. In that scenario, a long position is recommended with the first target at 0.8995 and the second target at 0.902.

Resistance levels:

0.8995

0.902

0.904

Support levels:

0.89

0.888

0.8855

The material has been provided by InstaForex Company – www.instaforex.com

For more info: Technical analysis of USD/CHF for Feburary 14, 2014

Forex analysis review

Technical analysis of USD/CHF for Feburary 14, 2014

The post Technical analysis of USD/CHF for Feburary 14, 2014 appeared first on FX FOREX.

via WordPress http://ift.tt/1foaNIK



Personal Finance, author, chf, eur, forex, group, jpy, overview, trading