usd/hkd testing the 23.6% retracement level....

The USDSGD channel we have been reviewing this week is approaching trendline resistance as its appreciation is being defended by the 38.2% resistance for the moment. A break above the trendline ......

Reviewing the broken wedge we discussed yesterday we see the pair has broken higher on the USD bid and is now being guided higher by former trendline support which could continue its roll in this ......

The EURUSD has moved strongly to the upside on the back of failing of the break of key EURUSD intersection at the 1.2676-81 and the holding of the 200 bar MA on the 4 hour chart. The pair is now ......

Bias is down below 1.3681 area, with a break of the 1.3654 being the next key level to target. I normally do not watch the 4 hour chart but fellow twitterer “butchbelano” ......

EUR/CHF (daily chart) as of Thursday (10/20/2011) has hit and tentatively respected a key resistance confluence that includes both a long-term descending resistance trend line extending back almost ......

The GBPUSD squezed quickly higher toward the resistance at the 1.5722-26 area.   The price has moved above the level and looks toward the the 100 and 20 bar MA on the 5 minute chart.  ......

The EURUSD is at a key intersection. Looking at the hourly chart the price has trend lines, “Remembered” lines, the old Fibo level on the daily chart (38.2% of the move down from August) ......

Some order has returned to the EURUSD and the downside has won. The order has come by using the 1.3738 level (200 hour MA) as the level to lean against and the price has rotated to new NY ......

The forex markets seem to be unsettled today. There was talks that the summit might be postponed (from German news citing German officials). Those rumors were later denied from various sources  ......