Friday, October 30, 2009

Currencies Post

See the bottom weekly chart for the final answer.

EUR/JPY Daily- wedging with big support. Indicators look like they will drive to the bottom and the coinciding bounce looks very probable.



DXY 60m - Possible inverse H&S leading to a breakout?



EUR/USD long term wedge



EUR/USD 60m - See the wedge and lower support. S Sto not bottomed quite yet, MACD does not look good and RSI still headed south.



My Weekly dollar chart - NO DIVERGENCE IN RSI.



GL Trading.

2 comments:

Keep it civil and respectful to others.