December 17, 2009

12/18 ForexTips Technical Analysis

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EUR/USD Technical Analysis
December 17, 2009 at 9:08 am

The EUR/USD 60 minute has just completed its fibonacci down abcd wave movement yet we have not completed a proper low

GBP/USD Technical Analysis
December 17, 2009 at 9:08 am

The GBP/USD has just finished breaking out of its sideways movement and hit our D target price point of 1.6129.

USD/JPY Technical Analysis
December 17, 2009 at 9:08 am

After the indecision daily candle yesterday affected our movement in a sideways motion the yen is now looking strong bull

USD/CHF Technical Analysis
December 17, 2009 at 9:08 am

The USD/CHF came within "3 pips" of hitting our D target today and has since pulled back due to scoring that point.

USD/CAD Technical Analysis
December 17, 2009 at 9:08 am

Although we have a UP abcd fibonacci swing the CAD is still in a range of large consolidation and is at resistance now

AUD/USD Technical Analysis
December 17, 2009 at 9:08 am

Currently making lower lows and lower highs and AUD is downtrending smoothly

NZD/USD Technical Analysis
December 17, 2009 at 9:08 am

The NZD is still in a range of large consolidation and is heading to support from resistance since the evening star formed
 

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