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EURUSD—small dip
The Euro wobbled a bit this morning, dipping to 1.3573 but above yesterday's 1.3431 low and the pssychological 1.3500. I took advantage ...
GBPUSD—resistance
Can GBPUSD overcome its current resistance? On the weekly chart, there is a short-term downtrend line coming in from 1.6879 that had its sec...
EURUSD—struggling with resistance
Euro is struggling just below 1.4145. As I noted earlier, there is some good resistance at 1.4165/75 and this is playing out. However, the p...
USDCAD—stop and reverse
Finally, the pair managed to get above the 10 daily SMA yesterday. I did a stop and reverse at .9939 (-41 pips). This, by the way, gave back...
USDCHF—retreating
The dip down to .9617 was below the short-term uptrend line but RSI has not yet broken below its uptrend line. I closed my long from .9490 ...
EURUSD—weekly
On the weekly chart, Euro may be making another run for the long-term downward trend line at 1.4279. This downtrend line begins at the 1.604...
EURJPY—trying to base at support
EURJPY failed to form a base in the low 108 area and dropped further to a low of 106.95 on Friday, near a somewhat obscure fibo and of cours...
Fundamental Factors and Currency Exchange Rates
People often try to explain changes in the short-term currency rates because of fundamental factors, i.e. the dollar is dead, everyone wants...
AUDUSD—triangle
On the daily and three-hour chart, one can observe an obvious triangle. From the Elliott perspective, price entered the triangle from an upt...
GBPUSD—Hourly divergence
On the hourly chart (not shown), there is positive divergence between price and RSI. In addition, the last closed hourly candle was a hammer...
Week to date Highs and Lows
Tuesday, January 4, 2011
Here are the highs and lows for the week to date:
© Dianne Fecteau, 2010. No part of this material may be reproduced in any form, or referred to in any other publication, without the express written permission of the author.
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EURGBP—triangle
AUDUSD—triangle
AUDUSD—weekly chart
Week Ending 28 January 2011
Currency market today
GBPUSD—weaker
EURUSD—at resistance
USDJPY—breached resistance trend line
AUDUSD—still in triangle
EURJPY—broke above triangle
EURJPY—triangle
USDCHF—second test of .9400
EURJPY—weekly
GBPJPY—weekly
AUDUSD—triangle
EURUSD—hovering
EURUSD—small dip
AUDUSD—choppy
USDCHF—taking a beating
EURUSD—weekly
EURJPY—nudging above resistance
EURGBP—nudging above resistance
AUDUSD—correcting
Currency market today
EURUSD—signs of weakness
AUDUSD—stalled
USDCAD—stop and reverse
EURUSD—failure swing
EURUSD—broke above resistance
EURJPY Hourly Chart
EURJPY—rally
USDCAD—can't reach daily 10 SMA
USDCAD—little bounce
GBPUSD—another surge
EURJPY—rallying to resistance
EURUSD—at strong resistance
Weekly—Highs and lows
EURJPY—dropping
US holiday
GBPUSD--resistance
Currency market today
Lots of emotion
USDCHF—retreating
AUDUSD—good move up
EURUSD—nice rally
EURJPY—C leg correction
GBPUSD—rallied past resistance
GBPUSD—rally
EURJPY—correcting
EURUSD—rallied
AUDUSD—bounced
USDCHF—still fighting
USDCHF—bullish hourly candle
GBPUSD—pounding at resistance
EURUSD—ready to rally
EURJPY—possible ABC correction
AUDUSD—dropped to support
USDCHF—resistance zone
GBPUSD—weak
EURUSD—weak
EURJPY—trying to base at support
USDJPY—resistance
Currency market today
EURUSD—sinking
EURJPY—down to 108.11
USDCHF—Narrow range
EURJPY—Long term range within long term downtrend
EURJPY—At resistance
USDCHF—Rally continues
EURUSD—no reason to buy
AUDUSD—Weak
EURUSD—bleak
Week to date Highs and Lows
USDCHF—Rally
AUDUSD—Reaction
AUDUSD—Year-end Evaluation
USDCHF—Year-end Evaluation
2010 Highs and Lows
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2010
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December
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