Forex
Currency pairs technical review (August 16 - August 20, 2010)
By Forex-Metal
EURUSD
The pair may find support at 1.26362 Fibonacci 23.6%. If this level is broken the pair will continue declining.
Resistance: 1.28630, 1.30277, 1.31181
Support: 1.27009, 1.25690, 1.23907
GBPUSD
The pair is aiming to 1.54842. This level may give support to the pair. If the pair breaks this level and closes below, then the pair will continue declining to 1.52523.
Resistance: 1.56722, 1.58543, 1.60322
Support: 1.54843, 1.52523, 1.50581
USDCHF
If the pair breaks 1.03987 the pair will decline to 1.02747 and probably to 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 86.246 and 85.161.
Resistance: 86.246, 87.014, 87.728
Support: 85.161, 84.260, 83.330
AUDUSD
If the pair stays below 0.89029 the pair may decline to 0.87243. If the pairs stays above 0.89029 the pair may rise to 0.90284.
Resistance: 0.90284, 0.92170, 0.93788
Support: 0.89029, 0.87243, 0.85760
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