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Forex

Currency pairs technical review (August 17, 2010)

August 17, 2010, Tuesday, 21:56 GMT | 16:56 EST | 02:26 IST | 04:56 SGT
Contributed by Forex-Metal

By Forex-Metal

 

EURUSD

The pair is between support 1.27009 and resistance 1.28630. If the pair breaks 1.28630 the pair may rise to 1.30277.

Resistance: 1.28630, 1.30277, 1.33142

Support: 1.27009, 1.25690, 1.23907

 

GBPUSD

The pair has reached 1.56722, if the pair breaks this level the pair will rise to 1.58543.

Resistance: 1.56722, 1.58543, 1.60322

Support: 1.54842, 1.52523, 1.50581

 

USDCHF

MACD divergence forces pair to rise. If 1.06179 is broken the pair will rise to 1.07258. If the pair stays below 1.03987 the pair will decline to 1.02747.

Resistance: 1.05139, 1.06179, 1.07258

Support: 1.03987, 1.02747, 1.01498

 

USDJPY

MACD divergence forces pair to rise. If the pair stays above 85.161 the pair will rise to 86.246.

Resistance: 86.246, 87.014, 87.728

Support: 85.161, 84.260, 83.330

 

AUDUSD

The pair has declined to 0.89029 and rolling back to 0.90284.

Resistance: 0.90284, 0.92170, 0.93787

Support: 0.89029, 0.87243, 0.85760