Watchlist for Sunday/Monday, August 29/30, 2010
| Pair | Daily | 4h | 1h |
| CADJPY | Large triangle hit profit, should triangulate again, or double bottom. | Sharp Nward movement indicates probably drop. Looking for a double bottom. | Tight range at 81.15 – 80.90 to watch for entry. Unusually tight. |
| EURJPY | Friday’s climb retraces to the bottom of the last, very large consolidation. a bounce downward would confirm the breakout. | Tight range between 109 – 108.50 | |
| EURUSD | Retrace to the neckline break of the H/S happened on Friday trading. | Small bodies, big wicks kept the day’s trading within uncertain territory. | Muddy area: 1.2765 – 1.2420 |
| GBPCHF | Working hard to reject that support line at 1.59 | Nice little double bottom forming…or triangulation…but the patterning is in the making. | |
| GBPJPY | Tried to leave its range, but couldn’t. Was this last long movement a simple retrace through the muddy area of the wicks? | Large range between 132.35 and 130.75 | Actionable range: 132.35 – 132.10 |
| GBPUSD | Nudge through the bottom of the upward channel may indicate a bounce opportunity – above 1.5550 | 1.5550 – 1.5480 | |
| NZDUSD | Seems to be loving its consolidation right now. | Still wrapping around the 800sma. | Tight range: .7120 – .71 |
| USDCAD | Third lower high indicating further range-bound behavior. | Triple top triggered, but on Friday movement. | |
| USDCHF | Broke and held the break of the consolidation area. | Retrace of the second leg, complete. | Meh. |
| USDJPY | Poor JPY…technicals won’t say much…need more info from the BoJ |
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Triffany Hammond helps traders of all levels, gain the tools, resources and guidance necessary to build on their strengths and work around their weaknesses so that they can make the best possible decisions for themselves in the Forex Market. Triffany is a regular speaker and contributor at 
