Archive for June 2nd, 2010
Forex Technical Analysis – 2010-06-02 – EUR/GBP Bearish Breakdown to 18-Month Low Continuing Downtrend
(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.) 6/02/2010 (FXpath.com) – EUR/GBP, a daily chart of which is shown, broke down yesterday below key [...]
Forex Technical Analysis – 2010-06-02 – EUR/USD Forms Descending Triangle in Strong Downtrend
(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.) 6/02/2010 (FXpath.com) – EUR/USD, a 4-hour chart of which is shown, has formed a descending [...]
