December 8, 2009

12/9 ForexTips Technical Analysis

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EUR/USD Technical Analysis
December 8, 2009 at 5:34 pm

similar to the chf but in the opposite direction the eur is trending bearish from c to d with a=1.5090/b=1.4821

GBP/USD Technical Analysis
December 8, 2009 at 5:34 pm

finding support at the 1.18% fibb extension level the gbp has been near for the past 2 days with our a=1.6665/b=1.6333

USD/JPY Technical Analysis
December 8, 2009 at 5:34 pm

after a very deep retracement the jpy is now consolidating at the 78.6% fibb level looking for a convergence to go long

USD/CHF Technical Analysis
December 8, 2009 at 5:34 pm

after a shallow pullback into the bullish boundary the chf is now moving bullish towards its fibb extension price level 1.0319

USD/CAD Technical Analysis
December 8, 2009 at 5:34 pm

currently in a large trading range of over 250+ pips trading from support to resistance bullish

AUD/USD Technical Analysis
December 8, 2009 at 5:34 pm

currently in a downswing trending bearish with our a=.9291 and b=.9107 now trading from c to d

NZD/USD Technical Analysis
December 8, 2009 at 5:34 pm

currently in a downtrend bear swing with our a=.7267 and our b=.7132 trading from c to d scoring bear points
 

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