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Weekly technical analysis for 8 – 12. 03, 2010
Written by article default Monday, 15 March 2010 19:12
EURUSD
The indicators are in oversold zone signaling of correction. The levels for corrections are 1.3848, 1.4088. The pair will continue corrections only in case the pair stays above 1.3749.
Resistance: 1.3855, 1.3960, 1.4069
Support: 1.3598, 1.3433, 1.3229
GBPUSD
The pair has tried to break 1.4845 twice and drawn double bottom. 1.5252 is a figure’s resistance. If the pair break it then the end of the figure maybe expected at 1.5484.
Resistance: 1.5252, 1.5484, 1.5672
Support: 1.4845, 1.4648, 1.4507
USDCHF
The pair has declined 1.0570. The next level is 1.0514.
Resistance: 1.0618, 1.0726, 1.0821
Support: 1.0514, 1.0430, 1.0380
USDJPY
The pair can not break out trend line. Breakout and close above 91.25 will bring the pair to test 93.77.
Resistance: 91.25, 92.58, 93.77
Support: 90.04, 88.64, 87.01
AUDUSD
The pair has reached 0.9177 but didn’t break it. If the pair breakout this level, then the pair will rise up to 0.9336.
Resistance: 0.9177, 0.9336, 0.9490
Support: 0.8903, 0.8724, 0.8576