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Forex

Currency pairs technical review (August 11, 2010)

August 12, 2010, Thursday, 11:22 GMT | 06:22 EST | 15:52 IST | 18:22 SGT
Contributed by Forex-Metal

By Forex-Metal

 

EURUSD

The pair declined  to 1.31125. If this level is broken, the pair will decline to 1.30277.

Resistance:   1.33142, 1.34882, 1.35984

Support:  1.30277, 1.28630, 1.27009

 

GBPUSD

The pair has reached  1.56722 and trying to roll back to 1.58543.

Resistance:  1.58543,  1.60322, 1.62050

Support:  1.56722, 1.54842, 1.52523

 

USDCHF

MACD divergence forces pair to rise.  If 1.06179 is broken the pair will rise to 1.07258. If the pair  stays below 1.05139 the pair will decline to 1.03987.

Resistance:  1.06179, 1.07258, 1.08210

Support:  1.05139, 1.03987, 1.02747

 

USDJPY

The pair is trading near support  85.161. Once this level is broken the pair will decline to 84.792.

Resistance:  85.701, 86.246, 87.014

Support:  85.161, 84.260, 83.330

 

AUDUSD

The pair is declining. The first level is at 0.90284.

Resistance:  0.92170, 0.93787, 0.94898

Support:  0.90284, 0.89029, 0.87243