Forex

Currency pairs technical review (November 01, 2012)

EURUSD
The pair is trading near the neck line 1.28630 of the Head and Shoulders figure. If the pair breaks 1.28630 the pair will decline to 1.26897.
Resistance: 1.30277, 1.31674, 1.33143
Support: 1.28630, 1.26897, 1.25690

GBPUSD
The pair has broken 1.60322, the pair is aiming to 1.62050.
Resistance: 1.62050, 1.63316, 1.64636
Support: 1.60322, 1.58543, 1.56722

USDCHF
The pair has tested Moving Average (500) at 0.93949 and rolled back to 0.93069.
Resistance: 0.93949, 0.95047, 0.96220
Support: 0.93069, 0.92026, 0.91079

USDJPY
The pair is aiming to 80.438.
Resistance: 80.438, 81.399, 82.219
Support: 79.707, 79.070, 78.345

AUDUSD
The pair has risen to the Moving Average and trying to break this level. The pair may try to test the next resistance at 1.04407.
Resistance: 1.04407, 1.05332, 1.06164
Support: 1.03535, 1.02558, 1.01744