Silver

Silver technical analysis for 25.10.2012 by using : auto pivot indicator.

resistance 3:32.51
resistance 2:32.27
resistance 1:32.00

pivot point:31.76

support 1:31.49
support 2:31.25
support 3:30.98

http://i45.tinypic.com/9bhcmw.gif

The short term trend of the Silver is to the upside. Intraday trading range of the Silver is expected among key support at 31.00 and key resistance at 33.30. Based upon my chart analysis, I prefer to buying the Silver around 31.55 with targets 32.40 then 33.20 and stoploss with four hour candle closing below 31.20.

NZD/USD establishing session highs near 0.8229

The NZD has rallied strongly overnight following the reiteration of the RBNZ to keep its interest rates pegged at 2.5%. After rebounding from the 0.8113 level (October 23 low), the NZDUSD has again regained the 0.8200 level, and has settled in the region of 0.8229 region at the time of writing.

silver mai Trade sirf big Trader ko kerni chahye kio ke Big Trader ke pass ziada capital hota hai.agar koi chota Trader silver maia Trade kerta mai to ose chote pemane per silver mai trade kerna chahye.

Silver up by 32.00 indicates further buliish. The next resistance is at 32.50 and encouragement through these levels will further ensure the bullish strength.

Silver technical analysis for 26.10.2012 by using : Auto pivot indicator.

resistance 3:32.85
resistance 2:32.54
resistance 1:32.33

pivot point :32.02

support 1:31.81
support 2:31.50
support 3:31.29

The Silver on still look sideways. We can see the price candle movement look weak (move near that 38.2 fib line 32.19). So, just wait and see it's better choice. The price can be called nice start to bulls (although just for correction) if then the pivot line at 32.40 can be break by strong bulls candle then. If this can not be happen, I see this pair still on sideways.

Silver had broke down 2 level daily pivot (32.02) and daily support 1 (31.81). This is a strongest downward movement. If price still continue down , price will touch psychological level (31.51).

If you thinking to tread with the silver than just avoid it right now because we all know that the Forex treading system is good than any other tread of this recent time.

Now turn your attention to cost of silver, on the hourly chart is clearly visible form a support of 31.58 which strayed price for the third time, I do not think that the course will be able to break through the level, the more so because there was a normal correction of the northern-start the formation of which I expect from 31.58 .