Archive for July 23rd, 2010
Forex Trading Technical Analysis (2010/07/23) USD/JPY Double-Bottom, Double-Top, and Double-Bottom Again
(Please click on the forex chart thumbnail to enlarge) 7/23/2010 Forex Trading Technical Analysis (FXpath.com) – USD/JPY (a 4-hour chart of which is shown) as of Friday (7/23/2010) has formed yet another double-bottom formation, this time in the 86.30 price region. This double-bottom forms in the context of a strong overall downtrend extending from the [...]
Spot Gold Technical Analysis (2010/07/23) Gold Hovers At Critical Support
(Please click on the spot gold chart thumbnail to enlarge) 7/23/2010 Spot Gold Technical Analysis (FXpath.com) – Gold price action (a daily chart of which is shown) as of Friday (7/23/2010), continues to hover just above a long-term uptrend support line that extends at least all the way back to the October 2008 low. This [...]
