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from orbex.com/blog

Top Five Interesting Chart Setups This Week (Aug 8 - 12)

The top five, most interesting technical charts for the forex markets this week (August 8 - 12, 2016). EURUSD, US Dollar index, WTI, XAUUSD and NZDUSD

After a rally in April and early May the EURUSD has been stuck in a narrowing range. The May and July swing lows show there is support just above 1.08, while a descending trendline which began in June indicated resistance near 1.1040 to 1.1050. After testing the likely resistance area on August 10, the price [ ]The post EURUSD Triangle Breakout on Daily Chart appeared first on FXHQ.

The EURUSD is setting up for another long trade after pulling back from a high of 1.1714. That high exceeded the profit target of 1.1650 from the last major swing trade in this pair. Figure 1 is a daily EURUSD chart, showcasing the August rally which broke through all resistance levels going back to the start [ ] The post Long Trade Setup in EURUSD But Careful of News appeared first on FxHQ.

Chart Of The Day For August 13th ,2015 – EUR/USD: http://www.forexnews.com/blog/2015/08/13/chart-of-the-day-for-august-13th-2015-eurusd/

Chart Of The Day For August 17th ,2015 – EUR/USD: http://www.forexnews.com/blog/2015/08/17/chart-of-the-day-for-august-17th-2015-eurusd/

Chart Of The Day For August 3rd ,2015 – EUR/USD: http://www.forexnews.com/blog/2015/08/03/chart-of-the-day-for-august-3rd-2015-eurusd/