Mon, Jan 19 2009, 13:13 GMT
by Slobodan Drvenica
EURUSD
Corrected higher off 1.3025, 15 Jan low, to reach 1.3387 so far. Immediate reversal followed and 1.3387 now possibly marks a lower top for a fresh phase lower, initially to retest 1.3025.
Res: 1.3387, 1.3415, 1.3488, 1.3534
Sup: 1.3180, 1.3110, 1.3093, 1.3055
GBPUSD
The latest decline off 1.4908, today’s lower high, attempted to find support near 1.4662, 61.8% retracement of 1.4468/1.4980 rally, with 1.4626 being reached. Recovery attempt failed and fresh losses under 1.4626 now underway, with risk seen for return to 1.4468. Only regain of 1.4760 would strengthen the tone.
Res: 1.4765, 1.4910, 1.4960, 1.4982
Sup: 1.4585, 1.4550, 1.4534, 1.4493

USDJPY
Completed a base after Friday’s break through 89.88/97 resistance extending gains to 91.33 earlier today. A higher platform at 90.07 needs to hold for a fresh extension to 91.56/66, possibly 92.04 on a break.
Res: 91.11, 91.33, 91.66, 92.04
Sup: 89.90, 89.72, 89.54, 89.25
USDCHF
Failed to extend the uptrend off 1.0368, 29 Dec low, with reversal off 1.1290, 15 Dec high, extending losses to 1.1108. Overall picture remains positive and regain of 1.1290/1.1310 is required to resume recovery and open 1.1562, 61.8% retracement of 1.2250/1.0370 decline, next.
Res: 1.1255, 1.1290, 1.1310, 1.1400
Sup: 1.1108, 1.1098, 1.1069, 1.1014
Published on Mon, Jan 19 2009, 13:16 GMT
Windsor Brokers Ltd
| Windsor Business Center, 53, Spyrou Kyprianou Av., Limassol, Cyprus
http://www.windsorbrokersltd.com | customerservices@windsorbrokersltd.com
Morning Report - Currencies were generally weaker against the US dollar by Westpac Institutional Bank
Mon, Nov 23 2009, 05:57 GMT
Currency Trading News - US Dollar Remains in Downtrend Despite Gains – High Event Risk Next Week by DailyFX
Mon, Nov 23 2009, 05:35 GMT
Forex Market Alerts - NZD, NZD/JPY Flows - Kiwi trades wide range as market ignores local 2nd tier data by FXMarketAlerts
Mon, Nov 23 2009, 04:01 GMT
Market Morning Briefing - Market Morning Briefing by Kshitij Consultancy Service
Mon, Nov 23 2009, 03:32 GMT
Short Term Analysis - USDJPY stays in a falling price channel by ForexCycle.com
Mon, Nov 23 2009, 03:17 GMT
eurusd, gbpusd, usdchf, usdjpy
View AllAsian shares , mixed after a positive opening; Euro rallies
FXstreet.com | Mon, Nov 23 2009, 07:10 GMT
Asian forex market wrap: Gold glitters even more brightly
Forex Live | Mon, Nov 23 2009, 04:59 GMT
UPDATE: Asian Shares Mixed; Miners Buoyant As Gold Rallies
Dow Jones | Mon, Nov 23 2009, 04:05 GMT
Forex: USD/JPY priced at 88.91
FXstreet.com | Mon, Nov 23 2009, 03:39 GMT
EUR/USD at 1.4930 resistance
Forex Live | Mon, Nov 23 2009, 03:09 GMT
eurusd, gbpusd, usdchf, usdjpy
View AllGET CASH BACK FOR YOUR TRADES! Learn more about the Pip Rebate Program