Archive for June 22nd, 2010
Forex Technical Analysis (2010/06/22) USD/CHF Tentatively Bounces Off 1.1000 Support
(Please click on the forex chart thumbnail to enlarge) 6/22/2010 Forex Technical Analysis (FXpath.com) – USD/CHF, a daily chart of which is shown, after bouncing up off key support almost precisely at 1.1000 on Monday (6/21/2010), descended yet again on Tuesday (6/22/2010) to re-approach that support level once again. This occurs after price fell steeply from its 13-month high [...]
Forex Technical Analysis (2010/06/22) AUD/USD Settles After Substantial Gap
(Please click on the forex chart thumbnail to enlarge) 6/22/2010 Forex Technical Analysis (FXpath.com) – AUD/USD, a daily chart of which is shown, has consolidated after a very substantial gap opened the trading week. Monday’s (6/21/2010) price action opened around 100 pips above the prior week’s close, but quickly pulled back and began filling the gap. Tuesday [...]
