Tuesday, April 12, 2011

4/12 Forex

EUR/GBP breaks out into bull phase with rising average directional index (adx).

I don't track parabolic sar divergences on forex (except for my own holdings), but I'll note that there are a ton of them today: Nine out of the 29 pairs I track.

Four are a turn against AUD, two in favor of EUR.

The lists:
Bearish turns: AUD/CHF, AUD/JPY, AUD/USD, AUD/CHF, GBP/CHF, NZD/JPY
Bullish turns: EUR/AUD, EUR/CAD, USD/HUF

sym phase adx bday blevel stop atr atr%
EUR/GBP   21 apr 12 £0.88583 £0.87873 0.0071 0.8%

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