WEEKLY TECHNICAL ANALYSIS FOR 17 – 21. 01, 2011

EURUSD

The pair is trading below median line as well as stays below Moving Averages (100 and 200). This may bring pair to decline to Fibonacci retracement 38.2% at 1.30659.

EURUSD

The pair is trading below median line as well as stays below Moving Averages (100 and 200). This may bring pair to decline to Fibonacci retracement 38.2% at 1.30659.

Resistance: 1.37441, 1.41130, 1.44835

Support: 1.2800, 1.25667, 1.20280

GBPUSD

The pair is under Moving Average (100), it may bring pair to decline to 1.56185.

Resistance: 1.59962, 1.64274, 1.68504

Support: 1.52523, 1.48532, 1.43344

USDCHF

If the pair stays below 0.96526 the pair will decline to 0.93770.

Resistance: 0.96525, 0.99031, 1.01369

Support: 0.93770, 0.91074, 0.88022

USDJPY

The pair is closed in the triangle. Resistance 83.330, support 81.010.

Resistance: 83.330, 86.836, 90.909

Support: 80.244, 76.535, 73.126

AUDUSD

The pair needs to break 0.97889 to be able to work out double top figure. If this level is broken the pair may decline to 0.94048.

Resistance: 1.00031, 1.01873, 1.03847

Support: 0.97889, 0.94048, 0.89581