Forex

Currency pairs technical review (January 26, 2012)

By Forex-Metal

EURUSD

The pair has found support at Fibonacci 23% and aiming to the next Fibonacci level 38% at 1.31150 and the pair may rise to 1.31674.

Resistance: 1.31674, 1.33143, 1.34882

Support: 1.30277, 1.28630, 1.26897

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’s resistance 78.345, support 77.539.

Resistance: 78.345, 79.070, 79.707

Support: 77.539, 76.463, 75.425

AUDUSD

The pair has broken triangle and has risen to 1.06164.

Resistance: 1.06164, 1.07005, 1.07739

Support: 1.05332, 1.04407, 1.03535