1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Major Currencies Analysis 20/01/2011 FXCBS

Discussion in 'Major Currency Crosses' started by fxcbsar, Jan 20, 2011.

  1. fxcbsar

    fxcbsar New Member

    Joined:
    Dec 4, 2009
    Messages:
    267
    Likes Received:
    0
    Thursday January 20 , 2011

    Major Currencies Analysis

    EUR/USD

    http://www2.fxcbs.com/newsletter/images/EURUSD.gif

    Determined indicators for the pair Euro against the U.S. dollar showing saturation in the selling process and so close to the main support level at 1.34200, we expect that the pair will rise up from this level to achieve new goals at the level 1.35671.

    Support & Resistance:
    Pair R1 R2 R3 P S1 S2 S3
    EUR/USD 1.34440 1.35028 1.36010 1.33683 1.33260 1.32678 1.31696

    GBP/USD

    http://www2.fxcbs.com/newsletter/images/GBPUSD.gif

    Determined indicator for the pair Sterling against the U.S. dollar showing saturation in the selling process and we can see that also Stochastic indicators showing that , so we expect that the pair will rise up today to attack the level of 1.60600 then 1.61440.

    Support & Resistance:
    Pair R1 R2 R3 P S1 S2 S3
    GBP/USD 1.60111 1.60612 1.61440 1.59658 1.59100 1.58608 1.57779

    USD/JPY

    http://www2.fxcbs.com/newsletter/images/USDJPY.gif

    Stochastic indicators for the pair U.S. dollar against the Japanese Yen showing positive sign may push the pair today to rise up and retest the level of 82.650 before it can continue its falling down .

    Support & Resistance:
    Pair R1 R2 R3 P S1 S2 S3
    USD/JPY 82.733 82.870 83.095 82.584 82.461 82.324 82.009

    USD/CHF

    http://www2.fxcbs.com/newsletter/images/USDCHF.gif

    Determined indicators for the pair U.S. dollar against the Swiss Franc showing positive sign which may lead the pair to rise up to retest the level of 0.96110 before it can continue its decline .

    Support & Resistance:
    Pair R1 R2 R3 P S1 S2 S3
    USD/CHF 0.96637 0.96927 0.97410 0.96136 0.95900 0.95765 0.95280

    AUD/USD

    http://www2.fxcbs.com/newsletter/images/AUDUSD.gif

    Determined indicators for the pair Australian dollar against the U.S dollar showing negative sign lead us to expect a decline for the pair to the level of 0.97476, these expectation require stability of the trading below the level of 0.99600.

    Support & Resistance:
    Pair R1 R2 R3 P S1 S2 S3
    AUD/USD 1.00215 1.00513 1.01009 0.99640 0.99600 0.99320 0.98820

    USD/CAD

    http://www2.fxcbs.com/newsletter/images/USDCAD.gif

    The pair U.S. dollar against the Canadian dollar are so close form the level of 1.00000 , we can see that the pair now near to get red from its positive sign so we expect today that the pair will back to decline again to the level of 0.99000 then 0.98450.

    Support & Resistance:
    Pair R1 R2 R3 P S1 S2 S3
    USD/CAD 0.99402 0.99669 1.00112 0.98951 0.98870 0.98603 0.98160

    Newsletter - Major Currencies Analysis
    http://www2.fxcbs.com/newsletter/major-analysis.html
    Forex ECN Broker | Currency Online Trading | Low Spread | Free Trading Software
    ECN Forex Broker - Low Spread Forex Trading Online, Currency Trading Free Software
     
Loading...

Share This Page