Weekly technical analysis

The Moving Average (500) at 1.2181 hasn’t been broken, that is why this level is a support level for the pair. EURUSD

The Moving Average (500) at 1.2181 hasn’t been broken, that is why this level is a support level for the pair.

Resistance: 1.2569, 1.2701, 1.2863

Support: 1.2391, 1.2181, 1.1933

GBPUSD

If the pair breaks 1.4507 the pair will rise up to 1.4853.

Resistance: 1.4507, 1.4688, 1.4853

Support: 1.4231, 1.3949, 1.3698

USDCHF

Strong resistance maybe expected at Fibonnachi 23.6% at 1.1683, the pair may rise to that level only if 1.1489 will be broken.

Resistance: 1.1583, 1.1682, 1.1776

Support: 1.1489, 1.1376, 1.1283

USDJPY

The pair’s resistance is at 95.82 (Moving Average 100). The pair’s support (trendline) is at 88.64.

Resistance: 91.25, 92.58, 94.09

Support: 88.64, 87.01, 85.16

AUDUSD

The pair has declined to 0.8114 and rolling back to 0.8424. The Moving Average (500) at 0.8031 may give support to the pair.

Resistance: 0.8424, 0.8576, 0.8724

Support: 0.8114, 0.7962, 0.7827

The company commenced operations in January 2007, established by a professional gold and foreign exchange dealer with over 10 years of experience. Currently domiciled and regulated in Panama.Author Risk Warning: You should not invest in FX or CFD the money you cannot afford to lose. An investment in FX and CFD is potentially risky to the investor, and in some cases the investor may not get back the amount he has invested. With... More