Tag Archives: trendline
The USD/CAD is in the process of pushing through the upward trend line of a 2 month down trend. 1.0500 is currently acting as intra-day resistance, but this pair looks poised to break out and run higher. The R2 Daily …
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Trader and author Raghee Horner of Interbank FX talks about trading price patterns, specifically channels, and uses the EUR/USD from yesterday as an example. A lot of the time new traders aren’t too keen on trading price action – it’s …
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Pulling up the monthly chart on GBP/USD, we can see how it’s tested the (red) trendline on a few occasions over the past couple of years. Even in November ALREADY it’s been tested. Taking a look at the indicators at …
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