Instaforex

Monday, December 22, 2008

Technical analysis for December 22, 2008

* range(supports or resistance ), where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval(1 hour, 30 min based on candlestick patterns )

EURUSD:
*Range 1.4140/60

For short-term sells on condition of formation of topping signals the targets will be 1.4060/80, 1.3980/1.4000, 1.3860/80 and/or further breakout variant up to 1.3800/20, 1.3720/40, 1.3660/80.
An alternative for buyers will be above 1.4300 with targets 1.4360/80, 1.4420/40, 1.4560/80, 1.4680/1.4700.

GBPUSD:
*Range 1.4980/1.5000

For short-term sells on condition of formation of topping signals the targets will be 1.4880/1.4920, 1.4780/1.4820 and/or further breakout variant up to 1.4700/20, 1.4580/1.4620, 1.4460/1.4500.

An alternative for buyers will be above 1.5100 with targets 1.5160/80, 1.5240/60, 1.5320/40.

USDJPY:
*Range 89.20/00

For short-term buying positions on condition of formation of topping signals the targets will be 89.80/90.00, 90.20/40 and/or further breakout variant up to 90.80/91.00, 91.40/60, 92.00/20.
An alternative for sells will be below 88.40 with targets 87.80/88.00, 87.20/40, 86.60/80.
 
cms forex,forex demo account,trading currencies,credit brokers,forex markets,fx trading,forex futures,currency trading,online trading,forex demo,discount broker,trade broker,online broker,global forex trading,forex trading platforms,stock trading,global forex,forex dealing,forex investing,forex investments,forex account,broker list,forex uk,forex com,forex options,forex exchange,forex trades,forex trading,forex brokerage,forex trading online