ShareJunction - Stock Forum Messages %%%:

Back

First 1-1 of 1 Last

Latest Forum Topics / ShareJunction

Post Reply

Short Term Technical Analysis for Majors (07:30 GM
WindsorBrokers Senior	30-Aug-2010 15:57 WindsorBrokers About Contact Quote this Post!
x 0 x 0 Alert Admin	EUR/USD Recovery off 1.2586, 24 Aug low, attempts to form a bearish wedge pattern, with 1.2778/91 expected to cap for fresh weakness. Loss of 1.2675/65 will bring bears back in play and expose 1.2608/1.2586 next. Break above 1.2791, however, will signal further recovery and open 1.2831/1.2900 instead. Res: 1.2778, 1.2791, 1.2831, 1.2880 Sup: 1.2675, 1.2665, 1.2651, 1.2608 http://mediaserver.fxstreet.com/Reports/325f5b3f-7a7d-4768-8193-afec3573778f/eurusd_20100830073437.gif GBP/USD Remains within a corrective phase off 1.5371, with further strength looking to test 1.5610, 38.2% retracement of the 1.5997/1.5371 fall. Potential break higher will open 1.5672/89 next, otherwise, return to 1.5441/1.5371 would be likely scenario. Res: 1.5573, 1.5596, 1.5610, 1.5617 Sup: 1.5497, 1.5465, 1.5441, 1.5400 http://mediaserver.fxstreet.com/Reports/325f5b3f-7a7d-4768-8193-afec3573778f/gbpusd_20100830073416.gif USD/JPY Reverses lower after testing the 86.00 area. While 86.39/46 caps, scope is seen for a near-term pullback to test former 6-week falling wedge turned to support near 85.00. Swing low is sought near there on encouraging daily studies. Res: 85.46, 85.97, 86.24, 86.39 Sup: 84.84, 84.57, 84.37, 84.26 http://mediaserver.fxstreet.com/Reports/325f5b3f-7a7d-4768-8193-afec3573778f/usdjpy_20100830073356.gif USD/CHF Immediate downside risk hinges on 1.0335, 25 Aug lower high, as down-swings from 1.0625, 12 Aug high, extend. Break below 1.0220 low exposes risk towards this year's low at 1.0130 amid positive divergent daily studies. Res: 1.0325, 1.0335, 1.0380, 1.0400 Sup: 1.0259, 1.0220, 1.0182, 1.0130 http://mediaserver.fxstreet.com/Reports/325f5b3f-7a7d-4768-8193-afec3573778f/usdchf_20100830073323.gif
Useful To Me Not Useful To Me

First 1-1 of 1 Last

ShareJunction Version: 27 Nov 2020 ver- All Rights Reserved. Copyright ShareJunction Pte. Ltd. Disclaimer: All prices from are delayed. ShareJunction does not provide you with any financial advice. We are not into the business of providing any investment advice. See our Terms and Conditions and Privacy Policy of using this website. Data is delayed for varying periods of time depending on the exchange, but for at least 15 minutes. Copyright © SIX Financial Information Ltd. and its licensors. All Rights reserved. Further distribution and use by third parties prohibited. SIX Financial Information and its licensors make no warranty for information displayed and accept no liability for data and prices. SIX Financial Information reserves the right to adapt and/or alter this website at any time without prior notice.

Web design by FoundationFlux. Hosted with Signetique Cloud.