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Monday 31 January 2011

Dollar Index H4


Dollar Index looks set to test lower on H4

GU Breakout D1


Cable closes Jan right on the DTL then opens in Feb by staging a breakout of ( so far ) 40 pips above it

CHFJPY D1


Looking at comparative strength against USD this CHF/JPY chart is in accordance with the Swiss Franc's dominance over the Yen as it is in a bullish channel.

USDCHF D1 Wedge Combo


USDCHF capped by UTL resistance of bearish channel app. 9500 and supported above 9300 neckline of descending H&S creating a falling wedge in a downtrend.

UJ D1 Upside View


If your bias lies on the side of recovery for this pair , then there is potential for R:R of 1:2 right now by using the two extremes of pip range since December '10

GU H4 Reverse H&S


GU in H4 showing potential Reverse Head and Shoulders

EU Monthly Chart


EUR/USD finishing the month like this with 14000 in sight

Expanding Uptrend?


Cable - possibility of expanding uptrend on D1.