Tag: All Technical Reports
FX Thoughts for the Day
USD-CHF @ 0.9402/05…Trading at the lower end of the 0.9520-380 range R: 0.9460 / 0.9515 S: 0.9400-375 / 0.9330 / 0.9300 Swiss has dipped towards its lower end of the 0.9520-380 range as the good performance in the Euro continues. But both Euro and Swiss are at the upper and lower end of their [...]
All Technical Reports (2012.11.06)
Several words about the EUR/USD future. Resistance (daily close) : 1.3182, 1.3364, 1.3590 and 1.3778. After that 1.3958, 1.4186 and 1.4400. Break of the latter will give 1.4490, 1.4692 и 1.4884. Then 1.5117, 1.5386, 1.5592 и 1.5660. Break of 1.5660 would lead to 1.5865, 1.7280 and 1.9430(published on 23.10.2008). Support (daily close) : 1.2610, 1.2428 [...]
Daily Chart Art – October 22, 2012
That is one ugly chart pattern! I’m talking about Guppy, of course! After breaking through the 125.00 handle, the pair seems to have formed an ugly triple top, forming long wicks at each high. With Stochastic just crossing over again, we could see price action drop and make another run for the 125.00 mark. If [...]
