Forex

Currency pairs technical review (January 29, 2013)

EURUSD

The pair is working out the Pennant figure. The end of the figure maybe expected at 1.30689. But first the pair should break the Fibonacci retracement 50% at 1.34882 and stay above this level.

Resistance: 1.34882, 1.35984, 1.37486

Support: 1.33143, 1.31674, 1.30277

GBPUSD

The pair has declined to support level at 1.56722.

Resistance: 1.58543, 1.60322, 1.62050

Support: 1.56722, 1.54842, 1.53482

USDCHF

The pair stays below 0.03069 and aiming to 0.92026.

Resistance: 0.93069, 0.93949, 0.95074

Support: 0.92026, 0.91079, 0.89635

USDJPY

The pair’s support is 90.045, resistance is 91.254.

Resistance: 91.254, 92.580, 94.089

Support: 90.045, 88.640, 87.728

AUDUSD

The pair is consolidating between 1.05332 and 1.04407.

Resistance: 1.05332, 1.06164, 1.07005

Support: 1.04407, 1.03535, 1.02558