Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Forex Discussions
Technical Analysis
Short Term Technical Analysis for Majors (08:00 GMT)
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="WindsorBrokers, post: 17238, member: 4571"] [B]EUR/USD[/B] Trades in a narrow consolidative range after reaching fresh high at 1.3757. Yesterday’s closing above 1.37 level keeps short-term focus to the upside. Initial target lies at 1.3784, with possible attempt at longer term trendline resistance at 1.4050 not ruled out. Intraday studies remain supportive but entering overbought zone warns of correction preceding fresh strength. Supports at 1.3632 and 1.3573/39 should contain dips to keep immediate bulls in play. Only loss of 1.3245, key near-term support would weaken the structure. Res: 1.3738, 1.3757, 1.3784, 1.3800 Sup: 1.3678, 1.3636, 1.3573, 1.3539 [IMG]http://mediaserver.fxstreet.com/Reports/325f5b3f-7a7d-4768-8193-afec3573778f/eurusd_20110128080804.gif[/IMG] [B]GBP/USD[/B] Recovery attempt from 1.5750, 25 Jan higher platform, stalled on approach to 1.6016 resistance at 1.5989, with subsequent reversal under way. Formation of hourly head and shoulders pattern and break through neckline at 1.5877, suggests further weakness , with break below 1.5850/40 support zone to signal return back to 1.5750. Only upside regain of 1.5935 would improve the near-term outlook. Res: 1.5910, 1.5936, 1.5989, 1.6016 Sup: 1.5852, 1.5846, 1.5835, 1.5768 [IMG]http://mediaserver.fxstreet.com/Reports/325f5b3f-7a7d-4768-8193-afec3573778f/gbpusd_20110128080746.gif[/IMG] [B]USD/JPY[/B] Maintains near-term positive tone after downside rejection at 82.00 area and yesterday’s strong rally through 83.11, previous high. Current pullback is seen corrective, while above 82.50, with upside clearance of 83.20 needed to re-focus key short-term resistance at 83.67. However, loss of 82.50 support would risk return to 82.00/81.84, key near-term supports, break of which would signal an end of recovery phase from 80.92. Res: 82.92, 83.07, 83.20, 83.45 Sup: 82.56, 82.47, 82.27, 81.97 [IMG]http://mediaserver.fxstreet.com/Reports/325f5b3f-7a7d-4768-8193-afec3573778f/usdjpy_20110128080727.gif[/IMG] [B]USD/CHF[/B] Continues to trend lower after recovery attempt from 0.9301, historical low, failed at 0.9782, and subsequent reversal almost fully retraced the recent 0.9301/0.9782 upleg, reaching 0.9388 thus far. Pair is currently trading in a narrow consolidative range, with bounces higher seen limited by 0.9520 zone, ahead of fresh attempt at 0.9301. Above 0.9520 to trigger recovery, though clearance of 0.9620/85 needed to re-focus 0.9782. Res: 0.9480, 0.9493, 0.9520, 0.9550 Sup: 0.9415, 0.9399, 0.9388, 0.9365 [IMG]http://mediaserver.fxstreet.com/Reports/325f5b3f-7a7d-4768-8193-afec3573778f/usdchf_20110128080610.gif[/IMG] [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…