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Daily Video Technical Update 2.9.2010

Fan Yang from CMS Forex at 02/11/10

 


Get the Flash Player and/or activate Javascript to see this player var fxst_player_d8b9b6b4cb3c4f10a438073b3cc59e9e = new SWFObject('/common/flash/flv/mediaplayer-licensed.swf','fxst_player_d8b9b6b4cb3c4f10a438073b3cc59e9e','640','360','8'); fxst_player_d8b9b6b4cb3c4f10a438073b3cc59e9e.addParam('allowfullscreen','true'); fxst_player_d8b9b6b4cb3c4f10a438073b3cc59e9e.addVariable('width','640'); fxst_player_d8b9b6b4cb3c4f10a438073b3cc59e9e.addVariable('height','360'); fxst_player_d8b9b6b4cb3c4f10a438073b3cc59e9e.addVariable('file','http://www.cmsfx.com/resources/flashes/0000/020910_techvid.flv'); fxst_player_d8b9b6b4cb3c4f10a438073b3cc59e9e.addVariable('image','http://cdn.fxstreet.com/images/video_fanyang.jpg'); fxst_player_d8b9b6b4cb3c4f10a438073b3cc59e9e.addVariable('frontcolor','0x0B1C3E'); fxst_player_d8b9b6b4cb3c4f10a438073b3cc59e9e.addVariable('lightcolor','0x0B1C3E'); fxst_player_d8b9b6b4cb3c4f10a438073b3cc59e9e.addVariable('backcolor','0xA3D538'); fxst_player_d8b9b6b4cb3c4f10a438073b3cc59e9e.write('div_fxst_player_d8b9b6b4cb3c4f10a438073b3cc59e9e'); The EUR/USD and GBP/USD is showing early reversal signs after extensive declines. The GBP/JPY pair is testing an important support zone. The USD/CHF completed a bearish gartley, so it will be important to stalk the decline to see whether it is a short-term one that will lead to further rally and a new bullish wave cycle, or if the bearish gartley will lead to further extension of the current bearish cycle.

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