sobota, 16 października 2010

Forex Commentary: EURJPY 4 Hour fakey setup, 9-10-10

Posted on 23 September 2010

The EURJPY formed a very dignified 4 hours fakey/pin bar combination installation recently that was in line with momentum bullish.

We sent this setting Member's forum shortly after he closed off desiring to merchants that gave the possibility to jump aboard the uptrend here.

For more examples of fakey toolbar and pin click here: fakey and pin bar configurations.

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Comment:

Gold hit a record high today on the expectations that the U.S. Government stimulus would work for accelerating inflation.

The dollar was less than today against other Major mainly with the exception being the Canadian dollar, which has lost ground modest for the buck.

The Dow lost points 21.72 or 0,20%, S & P 500 lost of 5.5 points, or 0.48% and the Nasdaq fell 14.80 points or 0.63%.

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