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TechnoMeter

  1. Technical Price Pattern Analysis: EURUSD, GBPUSD, AUDUSD, NZDUSD, USDJPY, USDCAD and USDCHF - EURUSD 1.2230 and 1.2330 are big levels and USDJPY rams into a Fibonacci level

    by , 11-24-2014 at 02:23 AM
    EUR/USD
    Monthly




    -BIG picture, monthly RSI has broken out of a triangle pattern. Sometimes, a pattern breakout in momentum (or OBV) precedes the breakout in price. The development’s implications are obviously significant.
    -After following through on the 11/7 reversal and exceeding the 11/4 high, it appeared that EURUSD was going to make ...