Forex

Currency pairs technical review (August 03, 2010)

By Forex-Metal

EURUSD

The pair has reached Moving Average (200) at 1.31748 and rolling back to 1.31142, if this level is broken the pair may decline to 1.30277.

Resistance:  1.33142, 1.34882, 1.35984

Support:  1.31142, 1.30277, 1.28630

GBPUSD

The pair is aiming to 1.60322 if the pair stays above 1.58543. If the pair decline below 1.58543 the pair will roll back to 1.56722 .

Resistance:  1.58543, 1.60322, 1.62050

Support:  1.56722, 1.54842, 1.52523

USDCHF

The pair is trading below Pennant’s support.  The end of the figure maybe expected at 1.02747-1.01498.

Resistance:  1.05139, 1.06179, 1.07258

Support:  1.03987, 1.02747, 1.01498

USDJPY

The pair is trading in the narrow range between 87.675 and 86.345. Once 86.246 is broken, the pair will decline to 85.701.

Resistance: 87.014, 88.640, 90.045

Support:  86.246, 85.701, 85.161

AUDUSD

The pair is aiming to 0.92170. Support at 0.90284.

Resistance:  0.92170, 0.93787, 0.94898

Support:  0.90284, 0.89029, 0.87243