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: 18329, member: 4571"] [B]EUR/USD[/B] Negative near-term studies continue to pressure the pair to extend reversal from 1.4247, 22 Mar peak. Over 50% of 1.3867/1.4247 upleg has been retraced so far, to test 1.4050/40 support zone, where a higher low is anticipated, as hourly studies entered oversold zone. However, recovery attempts are seen corrective while lower top at 1.4213 caps, with break here needed to re-focus 1.4247 and 1.4280 on a break. At the downside, 1.4030/12 levels are next supports, with potential break lower to confirm near-term top and signal return to 1.3868/54 base. Res: 1.4090, 1.4113, 1.4136, 1.4161 Sup: 1.4040, 1.4030, 1.4012, 1.3980 [IMG]http://mediaserver.fxstreet.com/Reports/325f5b3f-7a7d-4768-8193-afec3573778f/eurusd_20110324081152.gif[/IMG] [B]GBP/USD[/B] Extends retreat from 1.6400 peak after consolidation attempt above 1.6230 failed, to test 1.6200, 21 Mar higher platform. Loss of the latter will focus 1.6180/28, 50%/61.8% of 1.5959/1.6400 ascend, loss of which will suggest return to 1.5960, short-term range floor. At the upside, break above 1.6270, overnight’s high, is needed to spark fresh gains towards1.6340/50, then 1.6380/1.6400 barriers. Res: 1.6270, 1.6290, 1.6305, 1.6340 Sup: 1.6200, 1.6180, 1.6150, 1.6128 [IMG]http://mediaserver.fxstreet.com/Reports/325f5b3f-7a7d-4768-8193-afec3573778f/gbpusd_20110324081133.gif[/IMG] [B]USD/JPY[/B] Continues to trade in a narrow range after sharp recovery off 79.25 record low peaked at 82.00. Downside remains supported by 80.57, Friday’s low / 20 day MA, for now, with clearance of 81.30, range ceiling and 82.00 needed to resume recovery. 82.66, 90 day MA on a daily chart, and 83.30, 11 Mar high, are seen on a break. However, loss of 80.57 will signal fresh weakness under 80.00 handle. Longer-term outlook remains bearish. Res: 81.31, 81.74, 81.98, 82.41 Sup: 80.69, 80.57, 80.16, 80.00 [IMG]http://mediaserver.fxstreet.com/Reports/325f5b3f-7a7d-4768-8193-afec3573778f/usdjpy_20110324081115.gif[/IMG] [B]USD/CHF[/B] The recent narrow consolidative band floor at 0.9000 has been briefly broken, ticking 0.8976, just above key near-term support at 0.8961. Fresh strength cleared 0.9089, recent range floor, to extend gains above 0.91 level. Immediate focus is at 0.9133/39, 50% retracement of 0.9367/0.8900 decline / 15 Mar low, with lower top seen below 0.9200, to resume broader bear-trend. Only regain of 0.9367, 09 Mar high, would improve near-term tone and signal fresh recovery. Res: 0.9133, 0.9139, 0.9200, 0.9250 Sup: 0.9070, 0.9000, 0.8976, 0.8961 [IMG]http://mediaserver.fxstreet.com/Reports/325f5b3f-7a7d-4768-8193-afec3573778f/usdchf_20110324081057.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…