Charts – 2012, Week 5

In Charts on January 29, 2012 at 5:20 pm

Some weekly charts for the fifth week of 2012:


GBPUSD Descending triangle breakout for a possible run towards 1.66...?


GBPUSD This is the 4-hour which shows the intraweek breakout and KYM (kiss your momma) retest. Bullish, but lets see if it continues to follow through.


EURJPY - The bullish intraday has my attention, but we can see it is still within the longer term weekly downward channel


EURUSD After failure to get to 1.25, maybe this is the beginning of a run to 1.400?


EURCHF All eyes on the politicos for this pair. I'm loving how it is hugging the upper trendline. Break either direction could be drastic.


USDCHF continued move away from resistance


Silver 4-Week counter trend move has my attention as it gets closer to resistance


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