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| | Pagerank: | 4 | | Link Owner: | Andrei Moraru | | Date Added: | April 16, 2008 03:18:21 PM | | Category: | Business and Economy | | Number Hits: | 2 | | Latest Feed: | USD/CAD H4 — Descending Channel Pattern The two recent EUR/USD H4 descending channel patterns were rather successful for me. The USD/JPY D1 horizontal channel pattern is still in an active trade phase. Today, it’s time to look at the new channel pattern — the descending one on the USD/CAD H4 chart. It has enough lower …
Forex Technical Analysis for Week 02/06—02/10
Floor Pivot Points
Pair
3rd Sup
2nd Sup
1st Sup
Pivot
1st Res
2nd Res
3rd Res
EUR/USD
1.2849
1.2937
1.3048
1.3136
1.3247
1.3335
1.3446
GBP/USD
1.5454
1.5553
1.5684
1.5783
1.5914
1.6013
1.6144
USD/JPY
75.38
75.70
76.13
76.45
76.88
77.20…
EUR/USD Drops Sharply as US Employers Add More Jobs Than Anticipated EUR/USD was rising today, but sank after US nonfarm payrolls came out better than was predicted and unemployment rate unexpectedly decreased. Service industry also showed positive tendencies. On the negative side, factory orders grew with slower pace than was expected by specialists. The currency pair …
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