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Chart of the Day - 6/23/2008 - EUR/JPY

posted by Avatar jameschen 1433 days ago in EUR, JPY

After breaking out above a long-term downtrend resistance line in early June, price action on the EUR/JPY daily chart, as shown, is hinting at a weakening of upward momentum.  read more
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Chart of the Day - 6/20/2008 - GBP/USD

posted by Avatar jameschen 1436 days ago in USD, GBP made popular 1431 days ago

Price action on the GBP/USD pair, the 4-hour chart of which is shown, has just bumped up against a key downtrend resistance line.  read more
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Chart of the Day - 6/19/2008 - EUR/USD

posted by Avatar jameschen 1437 days ago in USD, EUR

The EUR/USD short-term hourly chart, as shown, is mired within a tight horizontal trading consolidation.  read more
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Chart of the Day - 6/18/2008 - USD/CAD

posted by Avatar jameschen 1438 days ago in USD, CAD

6/18/2008 – USD/CAD – Consolidating price action on the USD/CAD daily chart, as shown, has hit and bounced down off significant resistance within the past week.  read more
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Chart of the Day - 6/17/2008 - USD/JPY

posted by Avatar jameschen 1439 days ago in USD, JPY made popular 1439 days ago

After breaking cleanly out of a key downtrend resistance line last week, price action on USD/JPY, the daily chart of which is shown, appears poised for a possible throwback to the line.  read more
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Chart of the Day - 6/16/2008 - AUD/USD

posted by Avatar jameschen 1440 days ago in USD, AUD

After the long uptrending AUD/USD pair (a 4-hour chart of which is shown) hit a double-top potential reversal in late May and early June, price came  read more