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- Intraday Trading 07.27
Overnight the next 24 hours, the USDCAD looks poised to test 1.039 as price action recently broke above the descending channel, while market participants patiently wait on the sidelines for a clear break in the AUDUSD below the rising trend line.
chart currency trading free 29 Jul 2010 - USDCAD Technicals for July 28th
The larger C wave rally in the USDCAD should eventually exceed 10866. An inverse head and shoulders pattern may be forming since the October 2009 low (visible on the weekly chart). Near term, favor the upside against 10134. Jamie Saettele publishes Daily Technicals every weekday morning, COT analysis (published Friday evenings), technical analysis of currency crosses on Monday, Wednesday, and ...
chart currency trading free 29 Jul 2010 - Intraday Trading 07.28
Overnight the next 24 hours, market participants will closely monitor the NZDUSD as the pair maintains its narrow range ahead of the RBNZ rate decision. A rate increase by the central bank in conjuncture with hawkish comments may lead price action to test 0.735, with a break above exposing 0.742.
chart currency trading free 29 Jul 2010 - RSI Interpretation
Student's Commment: Previously we were told to wait until the RSI crosses back down below the 70 line to enter short. In this chart it appears quite possible that the price will go back up to 70, and maybe above it, before heading down to the 30 line.
chart currency trading free 29 Jul 2010 - A.M. Kitco Metals Roundup: Comex Gold Sees Corrective Bounce Following Tuesday's Losses
28 July 2010, 8:28 a.m. By Jim Wyckoff Of Kitco News www.kitco.com Comex gold futures are trading modestly higher Wednesday morning, on a corrective upside bounce following solid selling pressure on Tuesday, and on some bargain-hunting physical buying and speculative buying in futures that has emerged at the lower price levels.
chart currency trading free 29 Jul 2010 - Flaws of the European Stress Test
We've known about the European financial crisis for several months. We also know that the European Union approved a $1 trillion aid package. Why is the stress test needed? Is the stress tests only purpose to massage the masses into a comfort zone?
chart currency trading free 29 Jul 2010 - S&P500
One of the prevailing themes in the financial markets has been that when the US stock market falls, the USD rises.
chart currency trading free 29 Jul 2010 - P.M. Kitco Metals Roundup: Comex Gold Ends Near Steady in Quieter, Consolidative Trading Action
28 July 2010, 02:22 p.m. By Jim Wyckoff Of Kitco News www.kitco.com Comex gold futures closed near unchanged levels in a calmer trading session Wednesday, as the market was in a consolidation mode following sharp losses on Tuesday that did produce fresh near-term technical damage.
chart currency trading free 29 Jul 2010
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