Archive for June 28th, 2010
Forex Technical Analysis (2010/06/28) EUR/GBP Bearishness Extends Downtrend, New 19-Month Low
(Please click on the forex chart thumbnail to enlarge) 6/28/2010 Forex Technical Analysis (FXpath.com) – EUR/GBP, a daily chart of which is shown, has just further extended its fall within the prevailing downtrend, breaking down below strong support, as last week’s EUR/GBP analysis indicated might be the case. In breaking down below key 0.8200 support on Monday (6/28/2010), price [...]
Forex Technical Analysis (2010/06/28) USD/CHF Drops to Key Uptrend Support Line
(Please click on the forex chart thumbnail to enlarge) 6/28/2010 Forex Technical Analysis (FXpath.com) – USD/CHF, a daily chart of which is shown, has displayed strong bearishness in the last three weeks that highlights the recent dramatic strengthening of the Swiss franc. As of Monday (6/28/2010), price action has established a new 8-week low, and has descended [...]
