Forex

Currency pairs technical review (January 24, 2012)

By Forex-Metal

EURUSD

The pair has found support at Fibonacci 23% and aiming to the next Fibonacci level 38% at 1.31150.

Resistance:  1.30277, 1.31674, 1.33143

Support:  1.28630, 1.26897, 1.25690

GBPUSD

The pair has MACD convergence that may support pair to start upwards corrections. First aim is at 1.54842, the second level at 1.56722.

Resistance:  1.56722, 1.58543, 1.60322

Support:  1.54842, 1.53482, 1.52063

USDCHF

On daily graph MACD divergence which might be a signal of downwards corrections.

Resistance:  0.93069, 0.93949, 0.95074

Support:  0.92026, 0.91079, 0.89635

USDJPY

The pair is trying decline to 76.463. If this level is broken the pair will continue declining to 75.425.

Resistance: 77.539, 78.345, 79.070

Support:  76.463, 75.425, 74.414

AUDUSD

The pair is trading in the triangle. The triangle’s upper level is 1.04407 (resistance), lower level is 0.99207 (support). The pair tried to break it and can roll back to the triangle’s line at 1.04407.

Resistance: 1.05332, 1.06164, 1.07005

Support: 1.04407, 1.03535, 1.02558