... get a nice bounce off of support at 1.1800 today as the price of oil dropped from around $50 per barrel to below $43 per barrel. ... likely be lower. Since demand is going to be lower, the price of oil dropped. Canada is a leading oil supplier to the United ...

forum topic - azka - 2009-01-09 01:17 - 0 comments

GBP/USD – Price action within the last three months on the key GBP/USD pair (a 4-hour ... was then broken down in mid-November; and we now find price having just tentatively broken down below a rising wedge pattern. ... exceptionally significant support, so in the event that price reaches and then goes on to break that level, the pair should likely ...

forum topic - azka - 2008-12-04 03:34 - 0 comments

After more than a month of steeply bearish price action on the EUR/USD (a daily chart of which is shown), the week of ... resistance line and re-emerging from its current depths? Price action events of the coming week should lend much more clarity to this ... an uptrend support line extending from the October low, if price breaks down convincingly below this dynamic support line, the 1.2550 ...

forum topic - azka - 2009-01-25 19:44 - 0 comments

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