Pairs most responsive to technical perceptions

Discussion in 'Forex Trading' started by stevenpaul, Jun 16, 2009.

  1. Hi Traders,

    Do you have any opinions on which pairs are most deferential to technical perceptions, such as chart patterns, trend lines, established support and resistance levels, Fib, Elliot, etc. My own current pick is GBPJPY, but I haven't made a very thorough examination of it. I just sense that some pairs behave independently of traditional technical studies and factors, while others, like GBPJPY seem driven by it. I would say the GBPJPY is more tied to technical charting factors than, say, the EURUSD. What do you all think? Which pair gets the "respect for technical analysis award" in your estimation?