Weekly technical analysis for 30.08-03.09, 2010

EURUSD

The pair has found support at 1.26362 Fibonacci 23.6%. If this level is broken the pair will continue declining, next aim maybe at 1.23907.
EURUSD

The pair has found support at 1.26362 Fibonacci 23.6%. If this level is broken the pair will continue declining, next aim maybe at 1.23907.

Resistance: 1.28630, 1.30277, 1.31181

Support: 1.25690, 1.23907, 1.21813

GBPUSD

The pair is trading near 1.54842. 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 1.02747 the pair will drop to 1.01498. If the pair stays above 1.02747 the pair may rise up to 1.05139.

Resistance: 1.03987, 1.05139, 1.06179

Support: 1.02747, 1.01498, 1.99821

USDJPY

The pair is trading in the narrow range between 86.246 and 85.161. Bullish MACD divergence doesn’t pair to drop lower.

Resistance: 86.246, 87.014, 87.728

Support: 84.260, 83.330, 82.016

AUDUSD

The pair has risen to 0.90284 and seems to roll back to 0.89029.

Resistance: 0.90284, 0.92170, 0.93788

Support: 0.89029, 0.87243, 0.85760

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