Carlos
08-16-2011, 07:00 AM
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Comment: Despite the sharp sell-off of the last fortnight all aspects of this weekly Ichimoku ‘cloud’ chart still point to a long position. Like the Swiss franc and the Japanese yen the pullback was limited to 0.8000, in this case a 50% correction of the most recent leg of the long term rally, the 26-week moving average and the bottom of a ‘channel’. Allow for prices to consolidate, probably above 0.8000, for the next week or three. Then prepare for another upside assault. We continue to http://feeds.feedburner.com/~ff/technical/analysis-reports?d=yIl2AUoC8zA (http://feeds.fxstreet.com/~ff/technical/analysis-reports?a=YrTo_f6afSo:X1khIxAg9XQ:yIl2AUoC8zA) http://feeds.feedburner.com/~ff/technical/analysis-reports?d=qj6IDK7rITs (http://feeds.fxstreet.com/~ff/technical/analysis-reports?a=YrTo_f6afSo:X1khIxAg9XQ:qj6IDK7rITs) http://feeds.feedburner.com/~ff/technical/analysis-reports?i=YrTo_f6afSo:X1khIxAg9XQ:F7zBnMyn0Lo (http://feeds.fxstreet.com/~ff/technical/analysis-reports?a=YrTo_f6afSo:X1khIxAg9XQ:F7zBnMyn0Lo)
Click here to Read More... (http://www.fxstreet.com/technical/analysis-reports/technical-analysis-currencies/2011-08-15.v02.html)
Comment: Despite the sharp sell-off of the last fortnight all aspects of this weekly Ichimoku ‘cloud’ chart still point to a long position. Like the Swiss franc and the Japanese yen the pullback was limited to 0.8000, in this case a 50% correction of the most recent leg of the long term rally, the 26-week moving average and the bottom of a ‘channel’. Allow for prices to consolidate, probably above 0.8000, for the next week or three. Then prepare for another upside assault. We continue to http://feeds.feedburner.com/~ff/technical/analysis-reports?d=yIl2AUoC8zA (http://feeds.fxstreet.com/~ff/technical/analysis-reports?a=YrTo_f6afSo:X1khIxAg9XQ:yIl2AUoC8zA) http://feeds.feedburner.com/~ff/technical/analysis-reports?d=qj6IDK7rITs (http://feeds.fxstreet.com/~ff/technical/analysis-reports?a=YrTo_f6afSo:X1khIxAg9XQ:qj6IDK7rITs) http://feeds.feedburner.com/~ff/technical/analysis-reports?i=YrTo_f6afSo:X1khIxAg9XQ:F7zBnMyn0Lo (http://feeds.fxstreet.com/~ff/technical/analysis-reports?a=YrTo_f6afSo:X1khIxAg9XQ:F7zBnMyn0Lo)
Click here to Read More... (http://www.fxstreet.com/technical/analysis-reports/technical-analysis-currencies/2011-08-15.v02.html)