Posts Tagged ‘Sharp’
Price action on AUD/USD (a 4-hour chart of which is shown) as of Monday (12/06/2010) has consolidated in a flag-like price pattern after having broken out above several different resistance levels in the past several days, including the top border of a key parallel downtrend channel extending from the early November [...]
China central bank advisor Li: Calls for stability in major currencies. Says reforms to global monetary system should be gradual
Yuan rises 0.51% vs dollar, biggest single day rise since July 2005 revaluation
IMF’s Vinals: Yuan is significantly undervalued. I would not say we have a currency war
Bank of France industry sentiment index 103 in October, up from [...]
Price action on AUD/USD (a 4-hour chart of which is shown) as of Monday (9/20/2010) has continued its bullish stance this week to breakout tentatively above last week’s 0.9467 high, establishing yet a new 2+ year high in the process. This occurs within the context of a steep parallel uptrend channel [...]
Price action on EUR/GBP (a daily chart of which is shown) as of Monday (7/19/2010), has reflected the new week’s sharp downmove in GBP/USD and milder upmove in EUR/USD by continuing last week’s bullish momentum that broke out above 0.8400. For more technical analysis on this currency pair, please click here for Monday’s (7/19/2010) Chart [...]
