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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...
Egypt
Tuesday, February 1, 2011
My thoughts and warm wishes go out to Egypt, a fascinating country and a place where I've spent two wonderful vacations.
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EURUSD—update
EURUSD—aiming high
Week ending 25 Feb 2011—high, low, close
Currency market today
GBPUSD—approaching support
EURJPY—weakness
AUDUSD—working out divergence
AUDUSD—sideways
USDJPY—dropping
EURUSD—approaching resistance
AUDUSD—weak
USDJPY—caution
USDJPY—sideways
EURUSD—daily
AUDUSD—daily
President's Day
EURUSD—three-hour chart
EURUSD—daily
EURUSD—weekly bearish but uncertainty
EURUSD—monthly bearish but higher possible
AUDUSD—holding parity
EURUSD—looking to short
EURUSD—update
Correction
USDCHF—moving on up
USDX—weekly
EURUSD—potential revesal
Prices compared to 2010 year end
EURUSD—three-hour channel
GBPJPY—rally
EURUSD—monthly
EURUSD—update
GBPJPY—stalling
EURUSD—pressure is on
AUDUSD—3-Hour
AUDUSD—weekly
Week ending 11 Feb 2011—high, low, close
World Money Show
GBPJPY—made it
Euro stalling
AUDUSD--stalling
USDCHF—more resistance
GBPUSD—dragonfly doji
USDCHF—resistance
GBPUSD—short-term
GBPUSD—weekly
EURUSD—three-hour chart
AUDUSD—weekly chart
USDJPY—weekly chart
USDCHF—narrow range
USDCHF—weekly chart
EURUSD—three-hour chart
EURUSD—Weekly
Week ending 4 Feb 2011
Currency market today
USDCHF—possibly basing
AUDUSD—bull flag
AUDUSD—softer
USDCHF—looks weak
USDCAD—dropping
EURUSD—bull flag target met
GBPJPY—taking its time
Egypt
AUDUSD—rises again
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