The technical analysis of currency pairs 29.01.2010

USD /JPY

prices move to the level of support 89.70. If it is resolved to continue falling, the primary purpose of which is likely to be a mark 89.40 and, further, 89.00. The probability of this outcome suggests that, at the 4-hour chart (Figure 1) trend indicator OsMA confident enough downward. Oscillators turned differentdirection. On the hourly chart (Fig. 2) OsMA also acquires a downward direction, thus confirming the assumption about the possibility of a breakthrough this level and continue the downward movement. Down directed and SS. At the same time, RSI charted a turn in the opposite direction. Therefore not be entirely ruled out a return to a mark of 90.00.
In my opinion, the possibility of opening positions on the sale with a close stop-loss should be considered only after confirmation of a breakthrough price level of support 89.70.

Support: 89.70, 89.40, 89.00, 88.70, 88.40/30, 88.00, 87.40/30, 87.00, 86.40, 86.00/85.90, 85.20/00, 84.40/30, 84.00, 83.00.
Resistance: 90.00, 90.40, 90.70, 91.00, 91.50/55, 92.00, 92.40, 92.70/85, 93.00/20, 93.50/60, 94.10/00, 94.60/50, 94.90/95.00, 95.30, 95.90 /96.00, 96.30, 97.00, 98.00.

USD /CHF

Unable to break the 1.0550 mark, prices began to pickup stroke to the level of 1.0500. If it is passed, it is worth waiting for further falls, the primary purpose of which is likely to become a mark 1.0445. In favor of continued downward movement allows us to speak the direction of the trend indicator OsMA at 4-hour chart (Fig. 3). At the same time, the oscillators turned up. Therefore you should not exclude the possibility that prices are once again back to 1.0550 resistance. On the hourly chart (Figure 4) OsMA directed downward, thereby confirming the assumption about the possibility of breakthrough of the level of support and the continuation of falling prices. SS and RSI different direction.
Thus, in my opinion, is to wait for confirmation of a breakthrough price support level 1.0500, and only then consider the possibility of opening positions for sale with a close stop loss.

Support: 1.0500/1.0490, 1.0445, 1.0400/1.0390, 1.0360/50, 1.0320/00, 1.0280, 1.0250/40, 1.0200, 1.0175, 1.0140/30, 1.0100, 1.0070, 1.0035, 1.0000, 0.9975, 0.9940, 0.9900, 0.9800, 0.9740, 0.9700.
Resistance: 1.0550, 1.0600, 1.0650, 1.0700, 1.0730, 1.0760, 1.0800, 1.0850/60, 1.0900, 1.0935, 1.1000/10, 1.1050/60, 1.1100/20.

EUR /USD

prices back to the level of resistance of 1.3960. His breakthrough opens testing mark 1.4000. On the possibility of continuing price increases can say that the trend indicator OsMA at 4-hour chart (Figure 5) acquired a rising trend. Top fixed and both oscillator. The situation on the hourly chart (Fig. 6) formed the same way. And OsMA, and SS, and RSI quite confidently directed upwards, thus confirming the assumption about the possibility of a breakthrough of the level of resistance and continued growth in prices.
However, in my opinion, is to wait for confirmation of prices wind resistance level 1.3960, and only then consider the possibility of opening positions for the purchase with a close stop loss.

Support: 1.3900, 1.3860, 1.3840/30, 1.3800, 1.3780, 1.3740/30, 1.3700, 1.3680, 1.3630, 1.3600, 1.3560, 1.3500.
Resistance: 1.3960, 1.4000, 1.4030, 1.4070, 1.4100, 1.4140, 1.4200, 1.4230/50, 1.4283, 1.4320/30, 1.4360, 1.4390/1.4400, 1.4430, 1.4465, 1.4500/15, 1.4550, 1.4585/1.4600, 1.4625/30, 1.4670.

GBP /USD

prices move toward the 1.6100 support. If it is passed, it is worth waiting for further falls, the primary purpose of which is likely to become a mark 1.6060. The probability of this outcome suggests that, at the 4-hour chart (Fig. 7) trend indicatoea0r OsMA steadily downward. Oscillators turned different direction (with the SS in oversold). On the hourly chart (Fig. 8) OsMA acquires a downward direction. In a bearish direction turned and SS, and RSI. All this confirms the supposition about the possibility of a breakthrough price of this level of support and the continuation of a downward movement.
In light of this, in my opinion, the possibility of opening positions on the sale with a close stop-loss should be considered only after confirmation of a breakthrough price support level 1.6100.

Support: 1.6100, 1.6060, 1.6000, 1.5960, 1.5900, 1.5800, 1.5770, 1.5700, 1.5660, 1.5620/00, 1.5500, 1.5430, 1.5400.
Resistance: 1.6130/40, 1.6170, 1.6200, 1.6230, 1.6270/75, 1.6300, 1.6340, 1.63710, 1.6400, 1.6430, 1.6470, 1.6500, 1.6540, 1.6580/1.6600, 1.6640, 1.6700, 1.6730, 1.6800, 1.6900.

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