Wednesday, April 20, 2011

4/20 Forex

Three pairs have moved to bull phase on breakouts above the 55-day price channel. They are AUD/USD, GBP/USD and NZD/USD.

EUR/USD broke above the price channel and USD/CAD and USD/HUF below the channel, but with declining average directional indexes, there is as yet no phase change and the pairs remains neutral.

New forex breakouts...

sym phase adx bday blevel stop atr atr%
AUD/USD  
23
apr20 US$1.0582 US$1.0475 0.0107 1.0%
GBP/USD  
13
apr20 US$1.5399 US$1.5252 0.0147 1.0%
NZD/USD  
33
apr20 US$0.8002 US$0.7907 0.0095 1.2%
USD/CZK  
16
apr20 Kčs16.662 Kčs0.778 0.1821 1.2%

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