Posted on16 April 2009.
The Euro has a consolidation pattern that may hint of a continuation move. We see a support (A) above the 50% fibonacci retracement level and the trading in the past 24 hours show indecisiveness. In order to move out of the current triangle, Bulls have to clear the common resistance trendline (1) followed by the extreme resistance (2).
EUR in consolidation pattern with hint of continuation
The EURCHF has a similar setup
USDJPY proved once again unable to break resistance
Singapore forex strategy – AUDUSD at resistance
Singapore forex strategy – expecting more upside for GBPUSD, cable
Singapore forex strategy : Why EURJPY might be resisted and where is the strongest price level to watch for!
USDCAD – Completed head and shoulder price pattern – look forward to more downside
Private: Singapore Forex Strategy – Update analysis on AUDJPY in H4 and signals to watch should it turn down.
Private: EURUSD displays bullish reversal; but resistances loom
Kiwi August fall a throwback
