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Dynamic Trader Blog - Forex Chart Pattern Signals

Friday, November 03, 2006

Trend Lines

Euro Weekly
GBP Weekly
Canadian Dollar Daily
Charts courtesy of AdvancedGet. Data provided by eSignal.

Above charts are of the CAD, Euro & GBP. You will notice the Euro and GBP are just below the trend lines which they will need to break if the price is to continue up. The CAD however, has bounced off the long term trend line which is usually a bullish sign.

I will put an analysis up on Monday after weekend data.

Good luck today.