EURUSD, uptrend channel broken upwards on 6-Oct at the same time the critical Fibonacci level level 1.3895. To me this is a very bullish sign and I don't think the momentum will diminish so quickly and I will not call for a top so soon.
USDJPY, I previously thought it a falling wedge after a 2H&2S pattern and expected USDJPY turned up after the election. It turned out that at first Kan government intervened the currency market after won the election, but it abandoned its defense at the critical level of 82.87 and allowed USDJPY to sink below 81! Again to me this a very bearish sign for USDJPY and I don't think it's going to change the direction anytime soon.
Gold also broke out of the large rising wedge to north in weekly chart, so the uptrend is now defined in the green channel but not confined by the dotted red line.
Gold monthly chart, the mini up channel since late September is still intact.
狗仔卡
发表于 2010-10-18 07:43 AM
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置顶卡
沉默卡
喧嚣卡
变色卡
发表于 2010-10-18 04:06 PM
