Archive for July 29th, 2010
Forex Trading Technical Analysis (2010/07/29) USD/JPY Bearishness Approaches 7-Month Low
(Please click on the forex chart thumbnail to enlarge) 7/29/2010 Forex Trading Technical Analysis (FXpath.com) – USD/JPY (a 4-hour chart of which is shown) as of Thursday (7/29/2010) has once again descended to approach the 7-month low in the 86.25 price region that was just established in mid-July and confirmed with a double-bottom low just a [...]
Forex Trading Technical Analysis (2010/07/29) EUR/USD Reaches Upside Target
(Please click on the forex chart thumbnail to enlarge) 7/29/2010 Forex Trading Technical Analysis (FXpath.com) – EUR/USD (a 4-hour chart of which is shown) as of Thursday (7/29/2010) morning, has reached its upside resistance target of 1.3100, as noted in Monday’s EUR/USD analysis. This occurs within the context of an accelerated parallel uptrend channel that originally [...]
