Forex

Currency pairs technical review (January 25, 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. The aim of correction can be at Moving Average (200) at 0.90279.

Resistance:  0.93069, 0.93949, 0.95074

Support:  0.92026, 0.91079, 0.89635

USDJPY

The pair has broken 77.539 and aiming to 78.345.

Resistance: 78.345, 79.070, 79.707

Support:  77.539, 76.463, 75.425

AUDUSD

The pair is trying to break triangle. The triangle’s upper level is 1.04407 (resistance), lower level is 0.99207 (support).

Resistance: 1.05332, 1.06164, 1.07005

Support: 1.04407, 1.03535, 1.02558