Posts Tagged ‘corrective’
Euro Rally is Corrective
The EURUSD rally off of the low is in 3 waves so I’ll stay bearish against 12910.
View full post on DailyFX – Technical Analysis – Candlesticks
British Pound Contained by Corrective Channel
The GBPUSD corrective channel, reinforced by the 100% extension of the 14226-14774 advance, continues to hold. With the channel intact, Cable is vulnerable.
View full post on DailyFX Technical Analysis – Candlesticks
Forex: USD/JPY corrective recovery, reaches 91.90
Forex: USD/JPY corrective recovery, reaches 91.90
FXstreet.com (Barcelona) – The Dollar is has been going through a corrective rally during European morning trading and from session low at 90.90 on Asian session, the pair has re-gained 91.50 -the 100-day MA- and has reached 91.90 so far, approaching resistance area at 92.00.
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