Archive for July 16th, 2010
Forex Trading Technical Analysis (2010/07/16) AUD/USD Support Bounce
(Please click on the forex chart thumbnail to enlarge) 7/16/2010 Forex Trading Technical Analysis (FXpath.com) – AUD/USD (a 4-hour chart of which is shown) as of Friday (7/16/2010) has dropped back down to revisit and bounce up off strong support in the 0.8680 price region. This support level represents the same low that was hit earlier this [...]
Forex Trading Technical Analysis (2010/07/16) EUR/USD Push Above 1.3000
(Please click on the forex chart thumbnail to enlarge) 7/16/2010 Forex Trading Technical Analysis (FXpath.com) – EUR/USD (a daily chart of which is shown) as of Friday (7/16/2010) has reached up to hit a high slightly above 1.3000, establishing a new two-month high, before pulling back. The steep uptrend that began in early June and that has begun [...]
