Weekly technical analysis for 16 – 20. 08, 2010

EURUSD

The pair may find support at 1.26362 Fibonacci 23.6%. If this level is broken the pair will continue declining.

Resistance: 1.28630, 1.30277, 1.31181

Support: 1.27009, 1.25690, 1.23907 EURUSD

The pair may find support at 1.26362 Fibonacci 23.6%. If this level is broken the pair will continue declining.

Resistance: 1.28630, 1.30277, 1.31181

Support: 1.27009, 1.25690, 1.23907

GBPUSD

The pair is aiming to 1.54842. This level may give support to the pair. If the pair breaks this level and closes below, then the pair will continue declining to 1.52523.

Resistance: 1.56722, 1.58543, 1.60322

Support: 1.54843, 1.52523, 1.50581

USDCHF

If the pair breaks 1.03987 the pair will decline to 1.02747 and probably to 1.01498.

Resistance: 1.05139, 1.06179, 1.07258

Support: 1.03987, 1.02747, 1.01498

USDJPY

The pair is trading in the narrow range between 86.246 and 85.161.

Resistance: 86.246, 87.014, 87.728

Support: 85.161, 84.260, 83.330

AUDUSD

If the pair stays below 0.89029 the pair may decline to 0.87243. If the pairs stays above 0.89029 the pair may rise to 0.90284.

Resistance: 0.90284, 0.92170, 0.93788

Support: 0.89029, 0.87243, 0.85760

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