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Forex

Currency pairs technical review (August 19, 2010)

August 19, 2010, Thursday, 17:42 GMT | 12:42 EST | 22:12 IST | 00:42 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 is closed between 1.56722 and 1.54842.

Resistance: 1.56722, 1.58543, 1.60322

Support: 1.54842, 1.52523, 1.50581

 

USDCHF

MACD divergence doesn't let pair to decline. If 1.05139 is broken the pair will rise to 1.06179. 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, 83.330A

 

UDUSD

The pair has reached 0.90284. If the pair is unable to stay above this level, the pair will drop to 0.89029. If the pair stays above 0.90284 the pair will rise to 0.92170.

Resistance: 0.90284, 0.92170, 0.93787

Support: 0.89029, 0.87243, 0.85760