Archive for June 23rd, 2010
Forex Technical Analysis (2010/06/23) EUR/GBP Bearishness Around Support
(Please click on the forex chart thumbnail to enlarge) 6/23/2010 Forex Technical Analysis (FXpath.com) – EUR/GBP, a daily chart of which is shown, has been deeply entrenched within a steep downtrend since the early March highs. On Wednesday (6/23/2010), price just established a fresh 19-month low right around strong support in the key 0.8200 price region. This [...]
Forex Technical Analysis (2010/06/23) EUR/USD Breaks Down Further
(Please click on the forex chart thumbnail to enlarge) 6/23/2010 Forex Technical Analysis (FXpath.com) – EUR/USD, a daily chart of which is shown, continues to display some cautious bearishness as of Wednesday (6/23/2010) morning after breaking down below the uptrend support line that represents the bullish correction of the last two weeks. In the event of further bearishness off this [...]
