Archive for September 2nd, 2010
Forex Trading Technical Analysis (2010/09/02) USD/JPY Double Bottom During Downtrend
(Please click on the forex chart thumbnail to enlarge) 9/02/2010 Forex Trading Technical Analysis (FXpath.com) – USD/JPY (a 4-hour chart of which is shown) as of Thursday (9/02/2010) has formed an approximate double-bottom low in the 83.60 price region. This occurs within the context of a strong and continuing downtrend extending from the early June [...]
Forex Trading Technical Analysis (2010/09/02) USD/CAD Settles Above Support
(Please click on the forex chart thumbnail to enlarge) 9/02/2010 Forex Trading Technical Analysis (FXpath.com) – USD/CAD (a 4-hour chart of which is shown) as of Thursday (9/02/2010) has settled above 1.0470 support once again after having just descended from a key resistance re-test in the 1.0670 price region, which formed a double-top high. This all occurs within the context of [...]
