Members login
Forex-Metal Technical analysis -24/08/10
Written by article default Tuesday, 24 August 2010 20:36
EURUSDThe pair has dropped to Fibonacci 1.26379. If the pair breaks this level and closes below, then the pair may continue declining. The next aim maybe found at 1.25690.
Resistance: 1.27009, 1.28630, 1.30277
Support: 1.26389, 1.25690, 1.23907
GBPUSD
The MACD divergence forces pair to drop. First aim at 1.52523.
Resistance: 1.54842, 1.56722, 1.58543
Support: 1.52523, 1.50581, 1.48532
USDCHF
The MACD divergence doesn’t let pair to decline. If 1.05139 is broken the pair will rise to 1.06179. If the pair stays below 1.03987 the pair will decline to 1.02747.
Resistance: 1.05139, 1.06179, 1.07258
Support: 1.03987, 1.02747, 1.01498
USDJPY
The MACD divergence forces pair to rise. If the pair stays above 85.161 the pair will rise to 86.246. If the pair stays below 85.161 the pair will drop to 84.260.
Resistance: 86.246, 87.014, 87.728
Support: 85.161, 84.260, 83.330
AUDUSD
The pair has dropped to 0.89029 and trying to close below this level. This may bring pair to test 0.87243.
Resistance: 0.89029, 0.90284, 0.92170
Support: 0.87243, 0.85760, 0.84238