Archive for July 26th, 2010

Forex Trading Technical Analysis (2010/07/26) EUR/USD Reaches for Resistance

(Please click on the forex chart thumbnail to enlarge) 7/26/2010 Forex Trading Technical Analysis (FXpath.com) – EUR/USD (a 4-hour chart of which is shown) as of Monday (7/26/2010) has ascended to reach for key resistance around 1.3026, which represents the top of a shooting star candle that established the 2-month high for the pair just [...]

Forex Trading Technical Analysis (2010/07/26) AUD/USD Approaches 0.9000 Target

(Please click on the forex chart thumbnail to enlarge) 7/26/2010 Forex Trading Technical Analysis (FXpath.com) – AUD/USD (a 4-hour chart of which is shown) as of Monday (7/26/2010) morning has just closely approached its key bullish resistance target of 0.9000, the potential for which was noted in last week’s AUD/USD analysis. This reach towards resistance, which establishes a new 2+ month [...]