JDFN Financial Network

November 1999 Blog Posts (2)

CAD, Aussie and Gold Weekly Overview - September 16 close

 

USDCAD

As expected, the Loonie retraced even further through our targets closing on Friday at 0.9789, and breaking down the daily ascending trendline. Price is back again inside the descending channel and a retest of the confluence of the weekly SMA34 and middle Bollinger bands as well as daily SMA200 is very near (0.9730/40) and round number…

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Added by Caroline Carlin on November 30, 1999 at 12:00pm — No Comments

Forex4you Technical Analysis 23/08/10

EUR/USD: Technical Analysis



Support 1.2730 was breached and the price fixed below, which can be considered as an evidence for the “bearish” scenario to start. Having tested levels 1.2680/90, the trading is currently carried on at 1.2700/10. Indicators are more inclined to a “bearish trend”, making a further downward movement a high-possibility. Supports 1.2620/30 and 1.2540 are likely to be tested soon. A rise and fixation above 1.2820 are seen… Continue

Added by Forex4you on November 30, 1999 at 12:00pm — No Comments

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