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Charts, 2012 – Week 6

In Charts on February 5, 2012 at 8:54 pm

Some weekly charts (one monthly) for the sixth week of 2012:

1.

IF GBPUSD can get above last weeks high, it has a lot of room to run.

2. This is the monthly AUDCAD

AUDCAD interesting long if it stays within triangle, and especially interesting on a break below.

3.

EURGPB breakout has been successful, but currently sitting at support and lower part of channel. I'll probably stand aside this week.

4.

EURUSD not really speaking to me on the weekly

5.

USDCAD also not speaking to me on the weekly, especially right around this 1.0000 level

6.

XAGUSD beginning to look very interesting on the short side

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