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Technical Summary for Majors

Mon, Apr 6 2009, 06:44 GMT
by Slobodan Drvenica

Windsor Brokers Ltd


EUR/USD

Firming but possibly falters ahead of 1.3592/1.3600 while structure thus far off 1.3113 low appears corrective. Lapse below 1.3365/43 weakens.

Res: 1.3592, 1.3640, 1.3653, 1.3678

Sup: 1.3485, 1.3452, 1.3410, 1.3393

Eur

USD/JPY

Clears 200-day MA to extend upswings from 93.55/95.96 lows with break over 100.56 firming 101.25/67. Over-extended conditions caution, below 98.21 weakens.

Res: 101.00, 101.25, 101.67, 101.84

Sup: 99.54, 99.33, 98.90, 98.40

Jpy

GBP/USD

Enroute towards Feb's swing high at 1.4984 following rise off 50-day MA. Clearing to firm equality 1.5240 while losing 1.4650 low delays.

Res: 1.4986, 1.5115, 1.5165, 1.5199

Sup: 1.4832, 1.4760, 1.4723, 1.4705

Gbp

USD/CHF

Sliding progressively from 1.1549 recovery high with break of 1.1223 low reaffirming s/term bearish presence to risk 1.1158. Abv 1.1392 high averts.

Res: 1.1307, 1.1355, 1.1392, 1.1432

Sup: 1.1223, 1.1170, 1.1158, 1.1123

Chf


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