USD/CAD – Bear Market Rally
January 21st, 2010 admin
After rebounding off support in the 1.0200 price region late last week, USD/CAD (a daily chart of which is shown) has reflected strong dollar-strengthening in the past couple of days by breaking out above several key resistance areas. This includes the 1.0400 price region that was just broken on Wednesday. Currently, as of early Thursday (1/21/2010) New York session, the pair is still experiencing some bullishness, possibly targeting a key downtrend resistance line extending from at least August of 2009. For more technical analysis on this currency pair, please click here for Thursday’s (1/21/2010) Chart of the Day . – James Chen, CTA, CMT * For information on my book, Essentials of Foreign Exchange Trading (Wiley), please
Related Videos from Youtube
Black Ops Perks and Kill streak ana...hupitgaming.com This is a video on some of the things that we learned about Perks and Kill Streaks in Black Ops. I also heard an unconfirmed rumor that the beta will come out on the Halo Reach release date. If they do that, it would be a really interesting move from a business stand point.
BioShock Infinite Trailer Analysis...We dissect the first trailer and wonder what happens to the unwanted babies in a city above the clouds.
Robert Gibbs Slams Progressives (An...New TYT Network channel: www.youtube.com New TYT Facebook Page(!): www.facebook.com Subscribe to the FREE Video Podcast on iTunes: bit.ly Follow us on Twitter: twitter.com www.theyoungturks.com DISCOUNTS: www.theyoungturks.com FREE Movies(!): www.netflix.com Note: The above two links are for TYT sponsors. Read Ana's blog and subscribe at: www.examiner.com TYT Network (new WTF?! channel): www.youtube.com Check Out TYT Interviews www.youtube.com
[Lets Learn StarCraft 2] - Gameplay...As if I don't have enough projects going, I have decided to start tutorial videos where I talk about mistakes and correct things that people do in lower level games. These commentaries are purely constructive and are not my 'normal' style. PLEASE let me know if these are helpful! If this isn't worth my time I am open to suggestions :). Map: Blistering Sands LEAGUE LEVEL OF GAME: Unsure. BlackStalker (Terran) Vs Heosat (Zerg)
fxstreet bolg 0 GBPJPY 08 02...
fxstreet bolg_01 _GBPUSD_08_01_10.f...GBPUSD
FXDD Forex Commentary FXStreet Why...The EURUSD moved above the 100 day MA and the 38.2% retracement of the 2010 trading range last week and remained above those levels on a closing basis this week. Today the price has flucuated below and above the levels. ...
FXDD Forex Commentary FXStreet Comm...The GBPUSD has been rallying higher since May 2010. Over that time the price has moved from 1.4229 to a high last week of 1.5470. The pair over the last few day has shown signs of tiring. The price has moved below the 100 hour MA today. The pair tested the 200 hour MA at the 1.5197 level and held but the corrective move higher has stalled at the 1.5240 level, a key technical level I am watching.... ...
Related Posts
Even with the substantial U.S. dollar-strengthening that occurred against several major currency pairs last week, the currently consolidating USD/CAD (a daily chart of which is shown) has still been unable to break out above a dynamic downtrend resistance line extending from August. This downtrend resistance line has been respected five times,...
Price action on USD/CHF, a daily chart of which is shown, has risen within the last week to hit a long-term downtrend resistance line extending from the November 2008 high. This occurs after a medium-term uptrend line extending from the November 2009 low below parity was pierced but respected in the beginning of April. In the event of a breakout...
Price action on EUR/USD (a 4-hour chart of which is shown) as of Friday (8/27/2010) has begun once again to lean towards a resumption of the bearish trend that originated in early August. This occurs after price hit a low just below 1.2600 earlier in the week and then made a bullish retracement. For more technical analysis on this currency pair,...
Price action on USD/CAD, a daily chart of which is shown, on the first trading day of the New Year has displayed a marked bearishness that has brought the currency pair back down to dip below strong recent support in the 1.0400 price region. This tentative bearishness exists within the context of both a long-term general downtrend extending from...
Price action on GBP/USD, a daily chart of which is shown, has once again descended to approach key support in the important 1.5000 price region. This occurs within the context of a strong overall downtrend. The entire current week has thus far been characterized by marked bearishness after having descended from the 1.5350 region resistance. The...
Price action on GBP/USD, a daily chart of which is shown, has stalled in its bullish correction just around the key 1.5000 price region. This resistance area also coincides with a key downtrend resistance trendline extending from the November 2009 high. While GBP/USD has been bullish for several weeks now, the pair can still be considered to be...
Price action on GBP/USD, a daily chart of which is shown, has displayed five consecutive days of significantly bullish price bars following the double-test bounce off support just below 1.4800 late last week. In the process of this bullishness, price currently appears to be targeting resistance around the peak of the potential double-bottom formation,...
Price action on AUD/USD, a daily chart of which is shown, has made a swift rebound after breaking down below a long-term uptrend in late November. This rebound has brought the pair close to the 15-month high around 0.9400 that was hit in mid-November. In the course of the recent bullishness price has broken out above several resistance levels,...
Price action on AUD/USD, a daily chart of which is shown, continues to display some robust bullishness on its sustained rebound off the late-December low. This rebound has broken out above several resistance levels, including a short-term downtrend resistance line extending from the 15-month high around 0.9400 that was hit in mid-November. Currently,...
Price action on GBP/USD (a 4-hour chart of which is shown) as of Tuesday (8/31/2010) has dropped to approach support in the 1.5350 price region. This occurs within the context of a relatively choppy descent from the 6-month high just under 1.6000 reached in early August. This descent has formed a clear downtrend resistance line. For more technical...
Related Tweets from Twitter
|
RotoExperts (RotoExperts.com) : In-depth week 1 breakdown and fantasy analysis for each individual game. All the info you'll need to set your lineup. http://ow.ly/2ClJE.. Updated : 2010-09-10T17:00:06Z | Reply | View Tweet |
|
cfroldan1981 (Crystal Roldan) : Kate Moss gives up wild lifestyle; turns to healthy living: Daily News & Analysis... for drug-taking five years ag... http://bit.ly/ad3yhn.. Updated : 2010-09-10T17:00:00Z | Reply | View Tweet |
|
rosemahosky (Rose SchaeferMahosky) : Kate Moss gives up wild lifestyle; turns to healthy living: Daily News & Analysis... for drug-taking five years ag... http://bit.ly/97Wz2P.. Updated : 2010-09-10T16:59:57Z | Reply | View Tweet |
|
SeaTransNoBlog (STB Tweets w/o blog) : RT@MikeLindblom Don't miss @seatransitblog charts and analysis of #STLink #Seattle light-rail boarding patterns. http://bit.ly/anwCi4.. Updated : 2010-09-10T16:59:48Z | Reply | View Tweet |
|
DowTimingAl (Al Castillo) : Royal Bank of Scotland (RBS) Upgraded at Citigroup: By Chip Brian Royal Bank of Scotland (NYSE:RBS) upgraded to Bu... http://bit.ly/avRy4m.. Updated : 2010-09-10T16:59:23Z | Reply | View Tweet |
Related News from Digg
Leave a comment
| Trackback
