Currency Technical Checklist 11.13.07

November 13, 2007

Oh how things change can change over just a few trading days. The currencies that have been making new 10-day highs are now making new 10-day lows and the ones that were making 10-day lows are now making 10-day highs. The technical trends in the currency market have certainly reversed, the only question is, will they last?

New 10-day High
USDCAD
EURAUD
EURCAD
GBPAUD

New 10-day Low
USDJPY
GBPUSD
EURCHF
AUDUSD
NZDUSD
EURJPY
GBPJPY
GBPCHF
AUDJPY
AUDNZD
CADJPY
NZDJPY

Currency Technical Checklist 11.13.07

The Currency Checklist is based upon the Trading Plan in my book, Day Trading the Currency Market. It includes the current price, the 10-day high, low and whether the pair is trending, turning or range bound.

Posted in Currency Checklist, Forex Technicals