CHF, EUR and GBP Calendar Trading Patterns

May 17, 2006

CHF, EUR and GBP Calendar Trading Patterns

Technical analysis can be thought of as the observation of fundamental forces playing themselves out in terms of price action. For the most part, this is done by reviewing chart patterns and/or indicators in an effort to glean forward expectations based on past behavior. Some price patterns, though, are less easily noted by looking for flags, overbought readings in RSI, or moving average crossovers. They come from the study of raw prices, which can be considered to fall in to the category of quantitative analysis. It is just this sort of research which led to the identification of certain patterns of behavior in the foreign exchange (forex) market. (Note: The charts and data in this article come from the Anduril Analytics research report Opportunities in Forex Calendar Trading Patterns)

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Posted in Forex