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Midday update for Silver 05/03/2013
Silver trades positively approaching from the retest level 29.20, and affected by the positive signal that was explained this morning of Stochastic, while the suggested bearish trend scenario remains valid and active unless breaking 29.20- 29.60
Expected trading range for today is between: 27.00 support and 29.60 resistance.
Expected trend for today: Bearish
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Midday update for Gold 05/03/2013
Gold price shows some slight bullish bias since morning, accompanied with Stochastic reaching the overbought levels, which signals to the weak bullish momentum of the price.
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MoreMidday update for EUR USD 05/03/2013
The pair trades with bullish bias since the morning, and approaches calmly from 1.3145, to keep our expectations for the preferred bullish trend effective for today, being aware for the clear overbought signals that appear on Stochastic which might decelerate achieving the waited target.
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