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- Trade Idea Wrap-up: USD/CHF – Buy at 0.8970
- Weekly Review and Outlook: Risk Recovery Short Lived, Dollar to Extend Rally in a Busy Week ahead
- Trade Idea: EUR/JPY – Sell at 104.50
- EUR/USD Short Term Bear Flag?
- Liquidity Crisis? A Currency Perspective
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- Euro Area: Debt Crisis Set to Continue for Years
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- Trade Idea: USD/CHF – Buy at 0.8710
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Confirmation Archive
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GBP/JPY Stalking Pullback for Confirmation
Posted on July 12, 2010 | No CommentsThe 4H chart shows the pair bouncing off a 61.8% retracement level. Momentum has been ranging, but there is a slight bearish bias looking at the RSI levels in the 4H chart. The 1H RSI broke below 40 reflecting momentum of the current bearish attempt....