Forex Analysis Oct'12

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Today Forex Analysis for Oct’12 by ForexGDP

XAUUSD Gold price is moving in an Ascending channel and the market has reached the higher high area of the channel

XAGUSD Silver price is moving in an Ascending channel and the market has fallen from the higher high area of the channel

USDCHF is moving in the Descending channel and the market has reached the lower low area of the channel

EURUSD is moving in the Descending channel and the market has reached the lower high area of the channel

GBPUSD is moving in the Descending channel and the market has reached the lower high area of the channel

GBPCHF is moving in the Box pattern and the market has reached the support area of the pattern

GBPJPY has broken the Descending channel in upside

NZDUSD is moving in an Ascending channel and the market has reached the higher low area of the channel

AUDUSD is moving in the Box pattern and the market has rebounded from the support area of the pattern

AUDCAD is moving in the Descending channel and the market has reached the lower high area of the channel

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