Archive for June 8th, 2010

Forex Technical Analysis – EUR/USD Consolidates in Flag Pattern

(Please click on the forex 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.) 6/08/2010 Forex Technical Analysis (FXpath.com) – EUR/USD, a 4-hour chart of which is [...]

Forex Technical Analysis – EUR/GBP Bounces off Support 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.) 6/08/2010 Forex Technical Analysis (FXpath.com) – EUR/GBP, a daily chart of which is shown, dropped [...]