Home | Contact
       
 
 
Friday 21st, November 2008 -- 18:39 GMT
Sponsored by
 Forex
Canadian Dollar Technical Outlook
Posted: 05-09-2008 , 22:09 GMT

The outside day along with RSI divergence suggests with a high probability that a top is in place. 



“The high of 1.0775 was just pips away from an important Fibonacci confluence at 1.0791/98 (61.8% ext. of the .9055-1.0378 advance) and 61.8% retrace of the decline from 1.1875 to .9055.  A return to the center of the triangle near parity is probably underway now (at minimum).” 

Printable Version Top of Page
Printable Version
Opinions - No Opinions found for this article
 
 
   
European G8 Members to Meet in Pairs as  ...
Euro, Pound Consolidate As U.S.  ...
Euro-Zone Unemployment Rises to 7.5%,  ...
Euro-Zone Unemployment Rises to 7.5%,  ...
U.S. Sentate to Vote on Revised  ...
U.K. Manufacturing Slips to Record Low,  ...
U.K. Manufacturing Slips to Record Low,  ...
Eurogroup's Juncker Highlights Growth  ...
Improved US Manufacturing Would  ...
Euro-Zone Manufufacturing Slips to a  ...
Swiss Manufacturing Contracts For the  ...
U.S. Securities and Exchange  ...
FX Market Update: Japanese Yen Crosses  ...
German Retail Sales Improves in August  ...
German Retail Sales Improves in August,  ...
Rumours of Lloyds TSB and HBOS Merger  ...
Post of the Day:  ...
AUD/JPY Short-Term Technical  ...
Overnight Interest Rates Update  ...
Chart of the Day: The  ...
  About Us Advertising Contact Us Privacy  
 
© 2000 - 2008 Mena Report (www.menareport.com)