fxtrends2011 blogspot.com

FXTRENDS 2011

Monday, January 24, 2011. Daily DXY Roundup - 124. The US Dollar ended the day modestly lower after finding short-term support from a key Fibonacci retracement. At 77852. The DXY. However, is trending lower within a short-term bearish channel pattern and will need to close above the broken 50 retracement. Level at 78.538 to avoid weakening further. In the meantime, a clean downside break of the 61.8 retracement. Support will expose the long-term trendline. Both marked daily doji. CHART OF THE DAY.

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FXTRENDS 2010

Friday, December 31, 2010. The Japanese Yen was the star performer of 2010 among major currencies with the Swiss Franc and the Australian Dollar trailing just behind. Was threatening the psychological 80Y level before the Ministry of Finance stepped in, intervening in the fx.

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FXTRENDS 2011

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Monday, January 24, 2011. Daily DXY Roundup - 124. The US Dollar ended the day modestly lower after finding short-term support from a key Fibonacci retracement. At 77852. The DXY. However, is trending lower within a short-term bearish channel pattern and will need to close above the broken 50 retracement. Level at 78.538 to avoid weakening further. In the meantime, a clean downside break of the 61.8 retracement. Support will expose the long-term trendline. Both marked daily doji. CHART OF THE DAY.

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This web page fxtrends2011.blogspot.com states the following, "Monday, January 24, 2011." We saw that the webpage said " Daily DXY Roundup - 124." It also said " The US Dollar ended the day modestly lower after finding short-term support from a key Fibonacci retracement. However, is trending lower within a short-term bearish channel pattern and will need to close above the broken 50 retracement. In the meantime, a clean downside break of the 61. Support will expose the long-term trendline."

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