Accountant Forums


Reply
Thread Tools

Short Term Technical Analysis for Majors (08:15 GMT)

 
 
Member
Join Date: Aug 2010
Posts: 70
Thanked: 0
 
      09-29-2010, 08:53 AM
EUR/USD
Clearance of 1.3510 barrier yesterday has triggered a continuation of the short-term uptrend, with today’s lift above 1.3600, now looking for test of 1.3690, 12 Apr high. Hourly studies, however, are approaching overbought zone, warning of correction. Previous high at 1.3504, now reverted to support, offers immediate support.

Res: 1.3637, 1.3690, 1.3730, 1.3741
Sup: 1.3554, 1.3520, 1.3504, 1.3493





GBP/USD

Yesterday’s upside rejection at 1.5894 has triggered sharp reversal into 1.5700 zone, ahead of recovery attempt. While 1.5894 hold, scope is seen for a stronger correction and below 1.5717, yesterday’s low, to confirm lower top at 1.5894. Above 1.5894, however, would bring 1.5997 in focus.

Res: 1.5873, 1.5894, 1.5910, 1.5997
Sup: 1.5780, 1.5740, 1.5728, 1.5717





USD/JPY

Continues to further retrace the latest 82.86/85.92 upleg, after yesterday’s break below 84.10 former low tested 83.55, 76.4% retracement level. This would attract 82.86 for retest, while 84.07/33 zone caps for now.

Res: 84.07, 84.33, 84.46, 84.75
Sup: 83.49, 83.34, 83.20, 82.86





USD/CHF

Yesterday’s sharp fall off 0.9876 has ended the narrow consolidation period, extending decline off 1.0181 lower top to fresh low at 0.9732 today. Market now looks for test of the all-time low at 0.9630. Upside, 0.9876/98 zone is now seen as key near-term resistance.

Res: 0.9777, 0.9815, 0.9844, 0.9876
Sup: 0.9700, 0.9630, 0.9600, 0.9575

 
Reply With Quote
 
 
 
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Short Term Technical Analysis for Majors (08:30 GMT) WindsorBrokers General Tax Discussion 0 09-13-2010 09:29 AM
Short Term Technical Analysis for Majors (08:00 GMT) WindsorBrokers General Tax Discussion 0 09-10-2010 09:37 AM
Short Term Technical Analysis for Majors (08:10 GMT) WindsorBrokers General Tax Discussion 0 09-09-2010 09:17 AM
Short Term Technical Analysis for Majors (08:30 GMT) WindsorBrokers General Tax Discussion 0 09-08-2010 10:30 AM
Short Term Technical Analysis for Majors (07:30 GMT) WindsorBrokers General Tax Discussion 0 08-26-2010 09:33 AM


All times are GMT. The time now is 03:14 AM.
Posts in this forum do not constitute the advice of AccountantForums.com or its members. Financial advice should always be taken from qualified advisors before committing to a financial decision.