By in commentary, technical analysis

Silver Technical Analysis for 26th September

Our clients will be well aware that we have been getting increasingly bearish of Silver in recent days. Let’s have a look at what has prompted this shift in sentiment.
“Bigger picture” charts have a major Fibonacci resistance at 35.16. This is 38.2% of the sell off from the 2011 high. Shorter term Fibonacci retracement analysis suggested 35.12 might be a reference

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By in commentary, technical analysis

Forex Technical Analysis – EURGBP is a “Buy” here

FuturesTechs is looking to add to it’s Forex coverage in the coming weeks and months, and re-vamping our website to make it more “user friendly” for Individual traders, with extra emphasis on Forex.
Below is an excerpt from today’s report for EURGBP:
Yesterday we said: ‘Buying dips to 7970 with a stop below 7940 is the play for today. Upside

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By in commentary, technical analysis

Gold Technical Analysis for 21st August

Is Gold getting interesting? We saw a move in Silver yesterday that suggests so…
This is a segment of yesterday’s commentary:
“Ultimately gold remains within a medium term consolidation in a multi week up trend so buyers will likely appear at trend support.
Our Skew remains neutral awaiting 2 consecutive closes above 1328.2-31.6 to back the bulls, or a break

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