Forex

Currency pairs technical review (October 10, 2012)

EURUSD

The pair has declined to 1.28630 where the neckline of Double Top figure. The end of the figure maybe expected at 1.26400. The pair will workout the figure only if stays below 1.28630.

Resistance:  1.30277, 1.31674, 1.33143

Support:  1.28630, 1.26897, 1.25690

GBPUSD

The pair is breaking 1.60322 and aiming to 1.58543.

Resistance: 1.60322, 1.62050, 1.63316

Support:  1.58543, 1.56722, 1.54842

USDCHF

The pair is testing neckline of Double Bottom. If the pair stays above 0.94328 the pair will rise to 0.95735.

Resistance:  0.95047, 0.96220, 0.97427

Support:  0.93949, 0.93069, 0.92026

USDJPY

The pair is moving in the range between 70.070 and 77.539.

Resistance: 79.070, 79.707, 80.438

Support:  78.345, 77.539, 76.463

AUDUSD

The strong support is at 1.01489. The pair is aiming to 1.02558.

Resistance:  1.02558, 1.03535, 1.04407

Support: 1.01744, 1.00907, 1.00067