December 14, 2009

12/15 ForexTips Technical Analysis

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EUR/USD Technical Analysis
December 14, 2009 at 9:29 am

On the 60 minute chart we currently have a down abcd swing with an evening star that just formed short of the 38.2% fibonacci

GBP/USD Technical Analysis
December 14, 2009 at 9:29 am

The past 4 days of trading the GBP have been indecision candles on the daily time frame which has led to consolidation

USD/JPY Technical Analysis
December 14, 2009 at 9:29 am

As the daily candle is bear this can be seen on the 60 minute time frame as the swing is bullish due to a daily gartley

USD/CHF Technical Analysis
December 14, 2009 at 9:29 am

60 minute time frame following suit bullish with an engulfing bull candle that formed short of the 38.2% fibonacci retracement

USD/CAD Technical Analysis
December 14, 2009 at 9:29 am

Although still in a range of large consolidation the cad is now moving from support to resistance in a natural fibonacci wave

AUD/USD Technical Analysis
December 14, 2009 at 9:29 am

Just qualifying at 120 pips in a range of large consolidation the aud is now forming a bull crown from support to resistance

NZD/USD Technical Analysis
December 14, 2009 at 9:29 am

After the 80/20 panned out the nzd is in the sell zone testing new lows looking for the next pivot point to head bullish.
 

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