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Forex

Currency pairs technical review (August 04, 2010)

August 4, 2010, Wednesday, 07:37 GMT | 02:37 EST | 12:07 IST | 14:37 SGT
Contributed by Forex-Metal

By Forex-Metal

 

EURUSD

The pair may decline to 1.31748.

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 declines below 1.58543 the pair will roll back to 1.56722 .

Resistance:  1.60322, 1.62050, 1.64274

Support:  1.58543, 1.56722, 1.54842

 

USDCHF

The pair is trading below Pennant’s support.  The end of the figure maybe expected at 1.02747-1.01498. But MACD divergence forces pair to rise.

Resistance:  1.05139, 1.06179, 1.07258

Support:  1.03987, 1.02747, 1.01498

 

USDJPY

The pair is aiming to 85.161.

Resistance: 85.701, 86.246, 87.014

Support:  85.161, 84.260, 83.330

 

AUDUSD

The pair is aiming to 0.92170, but may roll back to support at 0.90284.

Resistance:  0.92170, 0.93787, 0.94898

Support:  0.90284, 0.89029, 0.87243