We have updated our privacy policy and terms & conditions. Find out more here.

Schatz: Excellent Support At 110.05

By BondsJan 29, 2013 06:37AM GMT
Schatz: Excellent Support At 110.05
By   |  Jan 29, 2013 06:37AM GMT

March Schatz ran in to resistance at 110.26/27 and failed here breaking lower then for 110.16/15. We looked for low for the day but over ran to 110.125. Below here today targets excellent support at 110.05 and although the market is not severely oversold there is a chance of a low for the week here. However a break could see 109.99/98 next.

Today however the topside should remain limited and resistance at 110.21/22 then 110.26/27 should be a struggle. Above here however 11031/32 should see us top out if tested.
Schatz: Excellent Support At 110.05

Related Articles

Schatz: Excellent Support At 110.05

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Add Chart to Comment
Are you sure you want to delete this chart?
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Are you sure you want to delete this chart?

Successfully Reported

Thank you. This comment has been flagged for a moderator.
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data .

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.