Archive for July 27th, 2010
Learn Forex – Pairing Strength with Weakness when Trading Forex
Learn Forex (FXpath.com) – The forex market is unique in many ways, not least of which is the fact that all currencies are traded in pairs. Perhaps more than any other aspect of forex trading, this pairing attribute differentiates this financial market dramatically from any other major financial trading market. What is one of the primary [...]
Forex Trading Technical Analysis (2010/07/27) USD/CHF Breaks Out From Double Bottom
(Please click on the forex chart thumbnail to enlarge) 7/27/2010 Forex Trading Technical Analysis (FXpath.com) – USD/CHF (a 4-hour chart of which is shown) as of Tuesday (7/27/2010) has broken out above a short-term resistance level in the 1.0560 price region slightly after breaking out above a key downtrend resistance line extending from the June 6 high. [...]
Spot Gold Technical Analysis (2010/07/27) Gold Breaks Down
(Please click on the spot gold chart thumbnail to enlarge) 7/27/2010 Spot Gold Technical Analysis (FXpath.com) – Gold price action (a daily chart of which is shown) as of Tuesday (7/27/2010), has just tentatively broken down below a long-term uptrend support line that extends at least all the way back to the October 2008 low. This [...]
