Wednesday, May 4, 2011

5/4 Forex

Three new breakouts among the 124 currency pairs I follow. As with stocks, a lot of currencies are withdrawing from the borders of the price channel toward the neutral center.

sym phase adx bday blevel stop atr atr%
CAD/CHF  
25
may4 SF0.9861 SF0.9166 0.0101 1.0%
CHF/TRY  
34
may4 TL1.7862 TL1.7638 0.0224 1.3%
DKK/SGD  
19
may4 S$0.2447 S$0.2428 0.0019 0.8%

In addition, CAD/PLN has pushed sharply below the price-channel amid a bear phase that began on April 26. EUR/CAD has pushed sharply above in a bull trend that began April 27.

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