Archive for August 31st, 2010
Forex Trading Technical Analysis (2010/08/31) USD/CAD Hits Key Resistance
(Please click on the forex chart thumbnail to enlarge) 8/31/2010 Forex Trading Technical Analysis (FXpath.com) – USD/CAD (a 4-hour chart of which is shown) as of Tuesday (8/31/2010) has hit a key resistance level in the 1.0670 price region, a level that has been reached and respected several times in the recent past. This occurs after [...]
Forex Trading Technical Analysis (2010/08/31) GBP/USD Potentially Targets 1.5200 Downside
(Please click on the forex chart thumbnail to enlarge) 8/31/2010 Forex Trading Technical Analysis (FXpath.com) – GBP/USD (a 4-hour chart of which is shown) as of Tuesday (8/31/2010) has dropped to approach support in the 1.5350 price region. This occurs within the context of a relatively choppy descent from the 6-month high just under 1.6000 reached in early [...]
