Forex

Currency pairs technical review (February 21, 2013)

EURUSD

The pair has declined to the channel line at 1.32653. The pair has drawn Head and Shoulders. If the pair breaks 1.32653 the pair will work out the figure. The end of the figure maybe expected at 1.30277.

Resistance: 1.33143, 1.34882, 1.35984

Support: 1.31674, 1.30277, 1.28630

GBPUSD

The pair has broken Fibonacci retracement 23% at 1.53482 and declined to support 1.52063.

Resistance: 1.54842, 1.56722, 1.58543

Support: 1.53482, 1.52063, 1.48527

USDCHF

The pair is aiming to the Moving Average (200) at 0.93069.

Resistance: 0.93069, 0.93949, 0.95074

Support: 0.92026, 0.91079, 0.89635

USDJPY

The pair is testing median line at 93.235. If the pair breaks this level the pair will decline to the Fibonacci 23% level at 92.279.

Resistance: 94.089, 95.200, 96.400

Support: 92.580, 91.254, 90.045

AUDUSD

The pair couldn’t stay above 1.03535 and declined to the support level at 1.02558.

Resistance: 1.03535, 1.04407, 1.05332

Support: 1.02558, 1.01744, 1.00907