NYSE:HPQ Retesting Inverted Head and Shoulders

hewlett-packard-iverted-head-and-shoulders

Interval: Daily The price of the Hewlett Packard stocks has formed a pretty nice Inverted Head and Shoulder. After it broke its base, retested it. This can make a very nice trading setup. If the price will pass over the last top, it will … [Continue reading]

FX:EURJPY Forming Symmetrical Triangle

Interval: H1 The EUR/JPY has formed a very interesting symmetrical triangle. Even though, the price has braked  the trend line, this pattern may very well announce the continuation of the up move. A break over the upper line of the triangle … [Continue reading]

FX:EURUSD Consolidation Technical Analysis

euro-usd-consolidation-technical-analysis-chart-07.01.2013

Interval: H1 EURUSD has rejected from the 1.3 key level, as expected. It retested 1.3080 and continued the consolidation between the levels that I have mentioned. This start of the week seems to be quite calm, nothing important that could … [Continue reading]