By TRADING Central
The Dow Jones Newswires Technical Analysis Partner
London (TRADING Central)--Rolling 24-hour chart levels:
Forex spot: EUR/USD USD/JPY GBP/USD USD/CHF
Spot 0548 GMT 1.2292 79.73 1.5494 0.9773
1 Week Trend Bearish Bearish Bearish Bullish
1 Month Trend Range Range Range Bullish
200 day ma 1.2930 80.64 1.5813 0.9308
3rd Resistance 1.2450 80.35 1.5580 0.9920
2nd Resistance 1.2400 80.10 1.5550 0.9875
1st Resistance 1.2365 79.80 1.5515 0.9825
Pivot* 1.2293 79.64 1.5488 0.9791
1st Support 1.2250 79.40 1.5450 0.9710
2nd Support 1.2210 79.20 1.5425 0.9645
3rd Support 1.2150 79.10 1.5400 0.9600
Intraday EUR/USD: the pair stands below its new resistance and remains
on the downside. Suggest short positions below 1.2355 with targets at
1.225 and 1.221. The upside penetration of 1.2365 will call for a
rebound towards 1.24 and 1.245.
1 month trend: Range
Intraday USD/JPY: the pair stands below its new resistance. Suggest
short positions below 79.75 with 79.4 and 79.2 in sight. The upside
penetration of 79.8 will call for 80.1 and 80.35.
1 month trend: Range
Intraday GBP/USD: the pair and the RSI are capped by bearish trend
lines. Suggest short positions below 1.5505 with 1.545 and 1.5425 in
sight. The upside breakout of 1.5515 will open the way to 1.555 and
1.558.
1 month trend: Range
Intraday USD/CHF: the next resistances are at 0.9825 and then at
0.9875. Suggest Long positions above 0.971 with targets at 0.9825 and
0.9875 in extension. Below 0.971 look for further downside with 0.9645
and 0.96 as targets.
1 month trend: Bullish
Forex spot: EUR/GBP EUR/JPY EUR/CHF AUD/USD
Spot 0548 GMT 0.7933 98.00 1.2012 1.0191
1 Week Trend Bearish Bearish Bullish Bullish
1 Month Trend Range Range Range Range
200 day ma 0.8176 104.29 1.2028 1.0246
3rd Resistance 0.8050 99.75 1.2075 1.0325
2nd Resistance 0.8010 99.10 1.2050 1.0280
1st Resistance 0.7985 98.65 1.2030 1.0240
Pivot* 0.7927 97.84 1.2012 1.0196
1st Support 0.7905 97.50 1.2000 1.0150
2nd Support 0.7885 97.00 1.1990 1.0085
3rd Support 0.7860 96.75 1.1980 1.0000
Intraday EUR/GBP: the pair stands below its new resistance and remains
under pressure. Suggest short positions below 0.7985 with 0.7905 and
0.7885 in sight. The upside penetration of 0.7985 will call for a
rebound towards 0.801 and 0.805.
1 month trend: Range
Intraday EUR/JPY: a break below 97.5 would trigger a drop towards 97.
Suggest short at 98.58 with targets at 97.5 and 97 in extension. Above
98.65 look for further upside with 99.1 and 99.75 as targets.
1 month trend: Range
Intraday EUR/CHF: a support base at 1.2 has formed and has allowed for
a temporary stabilisation. Suggest Long positions above 1.2 with
targets at 1.203 and 1.205 in extension. Below 1.2 look for further
downside with 1.199 and 1.198 as targets.
1 month trend: Range
Intraday AUD/USD: the break below 1.024 is a negative signal that has
opened a path to 1.015. Suggest short positions below 1.024 with
targets at 1.015 and 1.0085 in extension. Above 1.024 look for further
upside with 1.028 and 1.0325 as targets.
1 month trend: Range
* The pivot is the sum of the high, low and close divided by 3.
To watch a series of short videos explaining the basics of technical
analysis, click on this link:
http://link.brightcove.com/services/player/bcpid44283734001
For more technical analysis see: Dow Jones Newswires, N/DJTA;
Bloomberg, NI DJTA; and Reuters key word search "INSI-DJN"
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specializing in technical analysis.
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(The information contained in this publication is not intended as an
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current judgment and may change without notice. Users acknowledge and
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(END) Dow Jones Newswires
July 09, 2012 02:32 ET (06:32 GMT)
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