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Silver builds base 19/11/2012
The price was able to lean on the EMA50 to rally higher today heading towards 33.00 barrier.
Stochastic gets rid of its’ negativity gradually, that supports the chances of continuing our expected bullish trend scenario on the short term basis, where the main targets begin at 34.00 followed by 35.50
Stability above 31.50 remains the most important factor to keep the chances of achieving these anticipations.
Expected trading range for this week is between: 31.50 support and 35.50 resistance.
Expected trend for today: Bullish
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Gold starts positively 19/11/2012
The price opens today’s trading positively surpassing 1721.00 after it closed last week below it, to offer initial positive signals support the chances for getting back to the bullish channel again.
MoreUSD CAD awaits the reversal 19/11/2012
The pair still stable near to 1.0030 and attempting to maintain the stability below, which encourages us to continue in our expected bearish bias on the intraday and short basis.
MoreUSD JPY settles positively 19/11/2012
The pair maintains its’ weekly stability above 80.70 which was breached recently, to add more confirming for the expected bullish bias continuation on the intraday basis.
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