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Forex

Currency pairs technical review (January 24, 2013)

January 24, 2013, Thursday, 10:34 GMT | 05:34 EST | 15:04 IST | 17:34 SGT
Contributed by Forex-Metal

EURUSD

The pair has drawn the Pennant. If the pair breaks 1.33576 the pair will workout the figure and may rise to Fibonacci retracement at 1.34882. If the pair stays below 1.33576 the pair will decline to 1.31674.

Resistance: 1.33143, 1.34882, 1.35984

Support: 1.31674, 1.30277, 1.28630

GBPUSD

The pair has declined to the strong support at 1.58543. If this level is broken the pair will decline 1.56722.

Resistance: 1.60322, 1.62050, 1.63316

Support: 1.58543, 1.56722, 1.54842

USDCHF

If the pair stays below 0.93069 the pair will decline to the median line at 0.92228.

Resistance: 0.93069, 0.93949, 0.95074

Support: 0.92026, 0.91079, 0.89635

USDJPY

The pair has found support at 88.640 and aiming to 90.045.

Resistance: 90.045, 91.254, 92.580

Support: 88.640, 87.728, 86.861

AUDUSD

If the pair declines below 1.05332 the pair will decline to the support at 1.04407.

Resistance: 1.05332, 1.06164, 1.07005

Support: 1.04407, 1.03535, 1.02558