Daily FX Training | Learn Forex with the Dynamic Traders

Dynamic Trader Blog - Forex Chart Pattern Signals

Tuesday, October 16, 2007



Charts courtesy of Metastock and Advanced Get. Data provided by Quote Center & eSignal.
AUDCAD Daily has given a sell signal. The only concern here is it is at the MA so when doing your own analysis take this in to consideration. On the Advanced Get charts the bottom right has shown us a possible reversal so wait for a break and close beyond this point for further weakness possibly.

Below I have added an insight in to the markets for you. Although I look at this information daily, I will not update the website with this everyday. I am showing you all today as I was asked the question as to what I look at for my morning information prior to placing trades.

Once again, don't forget to sign up with our newsetter.

Good Luck.


Currency Value Changes (Calendar-Based)

Today

In general, today the Swiss Franc (CHF) gained the most value, with the British Pound (GPB) gaining the next largest amount against all other G8 currencies. In general, today the New Zealand Dollar (USD) lost the most value, with the Canadian Dollar (CAD) losing the next largest amount against all other G8 currencies.

Current Calendar Week

In general, since the beginning of the current week, the British Pound (GPB) gained the most value, with the Swiss Franc (CHF) gaining the next largest amount against all other G8 currencies. In general, since the beginning of the current week, the New Zealand Dollar (USD) lost the most value, with the Australian Dollar (AUD) losing the next largest amount against all other G8 currencies.

Current Calendar Month

In general, since the beginning of the current month, the Canadian Dollar (CAD) gained the most value, with the Australian Dollar (AUD) gaining the next largest amount against all other G8 currencies. In general, since the beginning of the current month, the Japanese Yen (JPY) lost the most value, with the Swiss Franc (CHF) losing the next largest amount against all other G8 currencies.

Current Calendar Year

In general, since the beginning of the current year, the Canadian Dollar (CAD) gained the most value, with the Australian Dollar (AUD) gaining the next largest amount against all other G8 currencies. In general, since the beginning of the current year, the US Dollar (USD) lost the most value, with the Japanese Yen (JPY) losing the next largest amount against all other G8 currencies.