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Forex Technical Analysis

Technical analysis of forex market - usd, eur, gbp, yen, chf, aud, cad, nzd, yen, sgd, hkd and crosses. Thursday, April 23, 2009. Quick updates on few charts. First the GBP USD 4 hour chart. Crystal clear. Break below channel support. Rally back to previous support line, which now acts as resistance, and prices fall back. Picture perfect. Suggests more downside coming. Notice the huge down candle and the consolidation after that should break below tomorrow. AUD JPY 240 mins. USD CAD 240 mins.

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Forex Technical Analysis

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Technical analysis of forex market - usd, eur, gbp, yen, chf, aud, cad, nzd, yen, sgd, hkd and crosses. Thursday, April 23, 2009. Quick updates on few charts. First the GBP USD 4 hour chart. Crystal clear. Break below channel support. Rally back to previous support line, which now acts as resistance, and prices fall back. Picture perfect. Suggests more downside coming. Notice the huge down candle and the consolidation after that should break below tomorrow. AUD JPY 240 mins. USD CAD 240 mins.

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This web page fxtechs.blogspot.com states the following, "Technical analysis of forex market - usd, eur, gbp, yen, chf, aud, cad, nzd, yen, sgd, hkd and crosses." We saw that the webpage said " Thursday, April 23, 2009." It also said " Quick updates on few charts. First the GBP USD 4 hour chart. Rally back to previous support line, which now acts as resistance, and prices fall back. Notice the huge down candle and the consolidation after that should break below tomorrow. AUD JPY 240 mins. USD CAD 240 mins."

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