Archive for May 27th, 2010

Forex Technical Analysis – USD/CAD Retreats from Resistance

(Please click on chart thumbnail to enlarge. Price on 1st pane, Slow Stochastics on 2nd pane; horizontal support/resistance levels in yellow; uptrend lines in green; downtrend lines in red; chart patterns in white; 50-period simple moving average in light blue.) 5/27/2010 (FXpath.com) – USD/CAD, a daily chart of which is shown, has retreated substantially after [...]