Forex Trading Technical Analysis (2011/06/14) USD/CAD Breaks Down to Continue Bearish Trend
(Please click on the forex chart thumbnail to enlarge) 6/14/2011 Forex Trading Technical Analysis (FXpath.com) – USD/CAD (daily chart) as of Tuesday (6/14/2011) has broken swiftly down to break below a rising parallel channel that represented a bullish correction within a long-term bearish trend. This breakdown has brought price down to hit key support around [...]
Forex Trading Technical Analysis (2011/06/06) USD/CAD Respects Bearish Trendline on Bullish Correction
(Please click on the forex chart thumbnail to enlarge) 6/06/2011 Forex Trading Technical Analysis (FXpath.com) – USD/CAD (a daily chart of which is shown) as of Monday (6/06/2011) has made a sustained bullish correction that has thus far respected a confluence of resistance that includes both a downtrend resistance line extending back to the October [...]
Forex Trading Technical Analysis (2011/05/02) USD/CAD Hits New Long-Term Low
(Please click on the forex chart thumbnail to enlarge) 5/02/2011 Forex Trading Technical Analysis (FXpath.com) – USD/CAD (a daily chart of which is shown) as of Monday (5/02/2011) has established yet a new long-term 3+ year low at 0.9445 before rebounding back up to re-test prior support in the 0.9500 price region. This occurs within the context of [...]
Forex Trading Technical Analysis (2011/04/22) USD/CAD Near Long-Term Lows, Targeting Further Downside
(Please click on the forex chart thumbnail to enlarge) 4/22/2011 Forex Trading Technical Analysis (FXpath.com) – USD/CAD (a daily chart of which is shown) as of Friday (4/22/2011) has established yet a new 3+ year low at 0.9453 before bouncing back up above key 0.9500 support. This occurs within the context of a strong and well-formed [...]
Forex Trading Technical Analysis (2011/01/14) Currency Strength/Weakness Meter
1/14/2011 Forex Trading Technical Analysis (FXpath.com) – Here are the strongest and weakest major currencies for this past week (January 10-14, 2011), based upon relative percentage price change against each other from the beginning of this past trading week to the end of the week. This information can be used to identify possible trends and [...]
Forex Trading Technical Analysis (2011/01/12) USD/CAD Continues Bearishness
(Please click on the forex chart thumbnail to enlarge) 1/12/2011 Forex Trading Technical Analysis (FXpath.com) – USD/CAD (a daily chart of which is shown) as of Wednesday (1/12/2011) has exhibited continued Canadian dollar strength against the U.S. dollar as USD/CAD has continued its fall after breaking down below a large triangle pattern and then below [...]
Forex Trading Technical Analysis (2011/01/07) Currency Strength/Weakness Meter
1/07/2011 Forex Trading Technical Analysis (FXpath.com) – Here are the strongest and weakest major currencies for this past week (January 3-7, 2011), based upon relative percentage price change against each other from the beginning of this past trading week to the end of the week. This information can be used to identify possible trends and [...]
Forex Trading Technical Analysis (2010/12/19) Currency Strength/Weakness Meter
12/19/2010 Forex Trading Technical Analysis (FXpath.com) – Here are the strongest and weakest major currencies for the past week (December 13-17, 2010), based upon relative percentage price change against each other from the beginning of this past trading week to the end of the week. This information can be used to identify possible trends and [...]
Forex Trading Technical Analysis (2010/12/10) Currency Strength/Weakness Meter
12/10/2010 Forex Trading Technical Analysis (FXpath.com) – Here are the strongest and weakest major currencies for the past week (December 6-10, 2010), based upon relative percentage price change against each other from the beginning of this past trading week to the end of the week. This information can be used to identify possible trends and [...]
Forex Trading Technical Analysis (2010/12/03) Currency Strength/Weakness Meter
12/03/2010 Forex Trading Technical Analysis (FXpath.com) – Here are the strongest and weakest major currencies for the past week (November 29 – December 3, 2010), based upon relative percentage price change against each other from the beginning of this past trading week to the end of the week. This information can be used to identify [...]
