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Archive for November, 2012|Monthly archive page

Charts, 2012 – Week 48

In Charts on November 25, 2012 at 2:58 pm

A collection of weekly charts that I am looking at in advance of the 48th week of 2012.

1. GBPUSD

2. GBPCHF

3. NZDUSD

4. Gold

More charts below including USDJPY, GBPJPY, EURJPY, AUDJPY, USDCHF, USDCAD, GBPAUD, GBPCAD, EURUSD, EURGBP, EURAUD, AUDUSD, AUDCAD and Silver.

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Charts, 2012 – Week 47

In Charts on November 18, 2012 at 4:33 pm

A collection of weekly charts that I am looking at in advance of the 47th week of 2012.

1. GBPUSD

2. USDJPY

3. EURJPY

4. GBPJPY

More charts below including USDCHF, USDCAD, GBPCHF, GBPAUD, GBPCAD, EURUSD, EURGBP, EURAUD, AUDUSD, AUDJPY, AUDCAD, NZDUSD, Gold and Silver.

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Charts, 2012 – Week 46

In Charts on November 11, 2012 at 1:08 pm

A collection of weekly charts that I am looking at in advance of the 46th week of 2012.

1. GBPUSD

2. USDCAD

3. USDJPY

4. GBPCHF

More charts below including USDCHF, GBPAUD, GBPJPY, GBPCAD, EURJPY, EURUSD, EURGBP, EURAUD, AUDUSD, AUDJPY, AUDCAD, NZDUSD, Gold and Silver.

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Anatomy of a Trendline Break

In Charts, Research on November 10, 2012 at 3:42 pm

I started stalking a trendline break of GBPCHF in May 2012.  By the time the six month trendline finally broke in late August I had lost interest and missed it.   It is a very technical trendline break and I prepared this analysis to see what I could learn.

Anatomy of a Trendline Break:

1. Image 1 below shows the entire trend from February to August which respects the yellow trendline fairly well.

2. Image 2 below shows that price is hugging the trendline throughout the month of June (the area labelled “A”) with some trendline breaks, but only one close below which quickly retraced the following day.  During this time the oscillator does not imply that price is overbought, on the contrary the histogram is negative and in a shallow range.  Price then launches higher again to point “B” at which time the oscillator is showing high overbought levels and suggests a change in trend could be around the corner.

3. After bouncing one more time off the trendline, price makes a lower high in the middle of August and then Image 3 below shows the final break and hold below around August 20th, with many daily candle open and closes below the trendline.  This is the first time since February that candles were opening and closing consistently below the trendline.

[More below, click into the post title]

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Charts, 2012 – Week 45

In Charts on November 4, 2012 at 2:27 pm

A collection of weekly charts that I am looking at in advance of the 45th week of 2012.  Beware the US presidential election this week on Tuesday 6th November.

1. GBPUSD

2. USDJPY

3. EURUSD

4. EURGBP (weekly)

EURGBP (daily)

More charts below including USDCHF, USDCAD, GBPJPY, GBPCHF, GBPCAD, GBPAUD, EURJPY, EURAUD, AUDUSD, AUDJPY, AUDCAD, NZDUSD, Gold and Silver.

Read the rest of this entry »