Mon, Jan 19 2009, 08:27 GMT
by Slobodan Drvenica
EURUSD
Lower rejection off 1.3117/1.3081, 05/25 Nov former congestive tops, seen on 15 Jan, firms the tone towards 100-day MA near 1.3488 and 1.3536, 38.2% retracement of 1.4363/1.3025 fall. Downside 1.3236/1.3180 offers initial support.
Res: 1.3415, 1.3488, 1.3534, 1.3630
Sup: 1.3236, 1.3180, 1.3110, 1.3093
GBPUSD
Remains within 1.5720/1.4350 range, with the latest rally from 1.4468, 13 Jan higher low, now seeks for 1.5372 retest, break of which is required to resume recovery towards 1.5720. Loss of 1.4468 would delay, while below 1.4350 main support brings medium-term bears back to play.
Res: 1.4915, 1.4960, 1.4982, 1.4502
Sup: 1.4800, 1.4750, 1.4700, 1.4650

USDJPY
Last Friday’s break higher signals fresh gains towards 91.66, 50% retracement of 94.65/88.48 fall, ahead of 92.29, 61.8% retracement. 90.08/89.74 area underpins the advance.
Res: 91.66, 82.04, 92.33, 92.92
Sup: 90.74, 89.90, 89.72, 89.54

USDCHF
Upside rejection at 1.1290 high on 15 Jan, risks bull easing to retrace the latest upleg from 1.0865 08 Jan higher low, targeting 1.1075/1.1025, 50/61.8% retracement of 1.0865/1.1290 ascend. Only clearance of 1.1290 will improve the short-term outlook.
Res: 1.1280, 1.1310, 1.1378, 1.1447
Sup: 1.1135, 1.1120, 1.1098, 1.1069
Published on Mon, Jan 19 2009, 08:31 GMT
Windsor Brokers Ltd
| Windsor Business Center, 53, Spyrou Kyprianou Av., Limassol, Cyprus
http://www.windsorbrokersltd.com | customerservices@windsorbrokersltd.com
Daily Forex News - Forex - Structural Dollar Weakness Persists by ACM - Advanced Currency Markets
Mon, Nov 23 2009, 10:34 GMT
Weekly Technical Commentary by Mizuho Corporate Bank
Mon, Nov 23 2009, 10:25 GMT
Forex Economic Analysis - Forex Technical Analysis on Majors by www.deltastock.com
Mon, Nov 23 2009, 10:22 GMT
Daily Currency Report - The US Dollar index slipped further back in trading by ODL Securities
Mon, Nov 23 2009, 10:16 GMT
Daily FX Report - The USD/JPY trades near flat of around 88.82 after opening at 88.84 by Varengold Wertpapierhandelsbank AG
Mon, Nov 23 2009, 10:10 GMT
eurusd, gbpusd, usdchf, usdjpy
View AllIMF: UK Government Economic Support Should Continue For Some Time
Dow Jones | Mon, Nov 23 2009, 10:49 GMT
Weaker Dollar Lifts Gold, Copper And Resource Stocks
Dow Jones | Mon, Nov 23 2009, 10:46 GMT
European markets advance, supported by commodities; Euro and Pound appreciate
FXstreet.com | Mon, Nov 23 2009, 10:38 GMT
2nd UPDATE:Euro-Zone Econ To Grow in 4Q;10 Outlook Uncertain
Dow Jones | Mon, Nov 23 2009, 10:25 GMT
Forex: GBP/USD: Pound picks up momentum and reaches 1.6630/35 area
FXstreet.com | Mon, Nov 23 2009, 09:59 GMT
eurusd, gbpusd, usdchf, usdjpy
View AllGET CASH BACK FOR YOUR TRADES! Learn more about the Pip Rebate Program