Archive for May 28th, 2010

Forex Technical Analysis – EUR/USD Double Bottom but Still Bearish

(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.) 5/28/2010 (FXpath.com) – EUR/USD, a daily chart of which is shown, has established a rough [...]