11 October 2009

10/12 Forex Technical Analysis Reports (ActionForex.com)

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FX Technical Commentary
October 11, 2009 at 3:48 pm

Euro 1.4736 Initial support at 1.4646 (Oct 6 low) followed by 1.4481 (Oct 2 low). Initial resistance is now located at 1.4844 (Sept 23 high) followed by 1.4908 (August 22 '08 high)

Usd/Jpy Support
October 11, 2009 at 8:52 am

Yen prices are trading higher after the recent breakout through the upper line of an ending diagonal pattern of a black wave V). The latest bottom was made at 88.00, where wave V) may already be completed, which means that bulls may be here in the near-term. If this is...
 

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