Archive for April, 2010

Fri 30 April

30 April 2010 - 5:46 pm UTC

USDJPY daily and weekly charts remain bullish.

Fri 30 April

30 April 2010 - 3:17 pm UTC

EURO buying support has increased, but weekly and monthly charts are not bullish.

Fri 30 April

30 April 2010 - 12:19 am UTC

GBP/EUR cross – daily and weekly charts remain bullish.

Thurs 29 April

29 April 2010 - 2:52 pm UTC

EURO monthly chart.

Wed Apr 28

28 April 2010 - 9:47 am UTC

Is that strong DOW resistance at 11,250 telling us something ?

The DOW broadening wedge looks bearish at this stage.

USD strength on weekly and monthly chart continues and the dollar rally is overdue.

Tue April 27

28 April 2010 - 9:42 am UTC

USD strength on weekly and monthly chart continues to exert it’s influence and the dollar rally is overdue.

That DOW key level at 11,250/300 is very strong resistance.

Mon Apr 19

19 April 2010 - 3:23 pm UTC

USD index daily chart gives mild bullish signals and weekly chart remains bullish – warning of further USD rally and EURO weakness this year.

Previously overextended DOW/SP500 daily chart now gives moderate bearish signals.

DOW daily chart enclosed, showing possible megaphone topping pattern which may be confirmed next week.   When confirmed, it’s bearish.